Tuesday, 29 January 2008

BSKYB TOLD TO SELL 10% OF ITS ITV STOCKS & SHARES.

BSKYB HAD APPROX 17% STAKE IN ITV BUT HAS BEEN TOLD BY THE COMPETITION COMMISSION IT HAS TO SELL ITS STAKE AND REDUCE ITS HOLDING TO APPROX 7%.

THE COMMISSION SAYS ITS ORIGINAL 17% WAS NOT GOOD FOR GENERAL TV COMPETITION, WILL THIS HAVE A BEARING ON ITV/BBC FREESAT, ONLY TIME WILL TELL?

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