Commission Recommends Bskyb Reduces Its Stake in 1tv

Daily PostDecember 21, 2007

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Summary


THE struggle for control of ITV took another twist yesterday when the Competition Commission said it had recommended broadcaster BSkyB reduces its controversial 17.9% holding in ITV to below 7.5%.

The ruling creates the possibility that Merseyside cable franchise operator Virgin Media could try again to takeover ITV.

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Extract


Commission Recommends Bskyb Reduces Its Stake in 1tv

The watchdog also wants to see undertakings from BSky...

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