Virgin Mobile is not expected to be wooed by a renewed attempt by NTL to acquire the company with an expected offer of 360p per share.
Charles Gurassa-led Virgin Mobile board wants to see an offer that is ‘at least’ as high as NTL’s previous proposal. As there has been an increase in NTL’s share price, that worth now of that offer stands at 368p.
Via: Times Online
Virgin not for sale
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