Summary
The acquisition of UK cable company Telewest by larger rival NTL is being held up by wrangling over price and is not likely to be announced until the autumn, sources claimed yesterday.
"It takes a long time as it's complicated. People were saying August but I don't think we'll hear anything until the summer's over," one of the sources said, adding that an announcement could slip to October.See the full content of this document
Extract
Telewest Merger Delayed
Telewest and NTL began talks in June ...
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