ITV switches off NTL merger approach
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Broadcaster ITV has rejected a 4.74-billion-pound merger proposal from US cable operator NTL, arguing that it &quot;materially undervalues&quot; the company.
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HBOS said it had decided against bidding for the mortgage bank Abbey National, clearing the way for an agreed offer from Spain's Banco Santander Central Hispano (SCH).
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Broadcaster ITV takes its phone-in quiz channel ITV Play off Sky and Freeview.
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Halifax-to-Bank of Scotland group HBOS has said it has pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander Central
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HBOS abandoned its ambition to take over its rival Abbey National yesterday, as Spain&#39;s Banco Santander Central Hispano stepped up its efforts to convince investors to back its proposed Â£8.
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ITV, Britain's biggest commercial television network, announced Wednesday that net profit declined last year and it forecast further falls in crucial advertising revenues.
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Cendant Corp. plans to spin off its mortgage and fleet-management operations to shareholders, ending speculation about the potential sale of the unit.
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NBC Universal cuts new content partnership days after a rift emerges with Apple.
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Nearly three thousand jobs are to be axed at the British Broadcasting Corporation (BBC) as part of a cost-saving &quot;transformation&quot; of the world&#39;s biggest and best-known public broadcaster.
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ITV rejects a merger proposal from the cable firm NTL, saying it undervalues the broadcaster.
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A joint venture of rival satellite  television providers DirecTV Group Inc.  and EchoStar  Communications Corp.  bowed out on Wednesday of a  billion-dollar auction of U.S. licenses for advanced wireless  services.
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Virgin Media, the telecom and television giant previously known as NTL, confirmed Monday a bid for the group was being made but offered no details.
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BANKING giant HBOS yesterday said it had pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander
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Cablevision Systems Corp. scrapped plans to spin off a 14-month-old satellite television business that this year has lost more than $200 million.
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ABC has pulled its latest contract renewal offer with the Bowl Championship Series, a move that could result in the Orange, Sugar and Fiesta bowls moving to another network starting in 2006.
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ITV, the nation's biggest commercial television network, announced Wednesday that net profit declined last year and it forecast further falls in crucial advertising revenues.
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Ofcom deregulation plan a goer thanks to unbundling European regulators have backed a move by Ofcom to drop regulations that force BT to offer competitors price-capped wholesale broadband nationwide.â¦