QuoteFrom The Sunday Times November 2, 2008
BSkyB set for £450m Tiscali deal James Ashton
BSKYB has entered exclusive talks to acquire Tiscali, the troubled internet provider, after rival bidder Carphone Warehouse walked away from the long-running auction.
The satellite broadcaster, 39% owned by News Corporation, parent of The Sunday Times, is understood to have lodged an indicative bid of about £450m for the Italian company's UK operation. The price may fall further after more due diligence.
If Sky goes ahead with the acquisition it would become Britain's third-largest broadband supplier with 3.6m customers, leapfrogging Carphone and putting it within touching distance of Virgin Media, which hopes to add to its 3.8m-strong base when it reports third-quarter figures on Thursday...............
http://business.timesonline.co.uk/tol/business/industry_sectors/telecoms/article5062770.ece
Devil and the deep blue sea spring to mind. ;)
Rik sent me this URL (http://www.ispreview.co.uk/news/EkkVyEVZkpnuldTYcA.html), the title of which suggests it's £450. He thought that was too expensive. ;)
:hehe:
£4.50 should have covered it. ;D
You're more generous than i am simon, but then i suffered them at first hand.
;D
cr*p must be magnetic.
Well, it was for the guy who got stuck to the stainless steel loo. ;D
Indeed, that was hilarious, not for the poor bloke of course. ;)
Look before you squat being the new catchphrase... :shake: