ITV rejects $8.9B offer from NTL

by bjtindle | November 22, 2006 at 01:08 am
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ITV rejects $8.9B offer from NTL

ITV rejects $8.9B offer from NTL

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Britain's ITV Plc rejected a $8.9 billion approach from cable firm NTL
on Tuesday, saying the offer undervalued the broadcaster and there was
little strategic logic to a deal.

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