Cable firm NTL drops plans to bid for ITV
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Cable firm NTL Inc  said on Wednesday it had no plans to make an offer for ITV Plc  after Britain's biggest commercial broadcaster rejected its 4.7 billion pound ($9.3 billion) bid proposal last month.
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Investment group Olivant said Monday it had withdrawn from the running to offer a rescue package for troubled British bank Northern Rock, shortly before the deadline expired for bids to be presented.
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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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The IOC has pulled the plug on BBC plans for a televised debate between the five cities bidding for the 2012 Olympics, sources confirmed to AFP.
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UK electrical goods retailer DSG International pulls out of plans to enter the Russian marketplace.
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PARIS/LONDON  - France Telecom's FTE.PA Orange   unit has pulled out of the bidding for the UK Internet   connection business of Time Warner Inc.'s TWX.N AOL, an   industry source close to the matter said on Thursday.
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NTL Inc., the British-based cable television operator, is reportedly trying to sell its unprofitable Irish unit just five years after acquiring it.
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HBOS has dropped plans to bid for Abbey National, dampening hopes of a challenge to Spanish bank Santander&#39;s agreed 8.8 billion pound takeover of Abbey.
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Carlyle's cash could come in handy Analysis: Private equity group Carlyle is bidding to take over Virgin Media, the UK's cable monopoly formerly known as NTL. We reckon Branson should take the money. He could get shot of the debt-burdened albatross, and put the money to good use elsewhere in the Virgin telco empire.â¦
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HBOS has decided against bidding for Abbey National, dampening hopes of a challenge to Spanish bank Santander&#39;s agreed 8.8 billion pound takeover and hitting the target&#39;s shares.
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A consortium led by British insurer Prudential PLC has dropped its bid for a major South Korean state asset managing company.
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A consortium led by British insurer Prudential PLC has dropped its bid for a major South Korean state asset managing company, officials said.
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Germany's biggest cable operator Wednesday abandoned plans to buy its three domestic rivals &#151; a deal that would have created one of Europe's largest cable companies but drew opposition from regulators.
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Britain's Competition Commission recommended Thursday that media giant BSkyB should slash its holding in independent television broadcaster ITV to below 7.5 percent due to competition concerns.
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BSkyB offers to give up some voting rights in ITV as it tries to hold onto a stake in the television broadcaster.
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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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Banking group HBoS yesterday dropped out of contention to buy its historic rival Abbey National, leaving the way clear for the Â£8.