Virgin leads N.Rock race, needs to improve: source
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The Virgin consortium has been told it  is the front-runner to rescue ailing British bank Northern Rock  Plc  but it needs to improve its offer over the  alternative of nationalization, a person familiar with the  matter said.
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Investment firm Olivant quit the race on Monday to rescue ailing British bank Northern Rock &lt;NRK.L&gt;, leaving just two suitors in the running -- Richard Branson's Virgin Group and an "in-house" management team.
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Richard Branson's Virgin Mobile, floated on the stock exchange in July last year, announced it reached five million British customers during the three months to December.
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The US suitor of Virgin Media may change the firm's  name if its Â£5.5bn bid is successful, a report says.
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Virgin may sweeten its offer for Northern Rock as the government is set to unveil a plan to secure a private sale.
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Virgin is all over the map. Yesterday morning, Sir Richard Branson introduced to the world that he was ready to make astronauts of us all by 2007.
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Virgin Mobile USA Inc, a venture of Sprint Nextel Corp  and Virgin Group , filed on Tuesday for an initial public offering of up to $467.5 million to raise money to repay debt and for general purposes.
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Private equity group Carlyle is poised  to launch an $8 billion bid for Britain&#39;s Virgin Media  , the cable company whose largest shareholder is  Richard Branson, the Sunday Telegraph newspaper said, citing  City sources.
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Entrepreneur Richard Branson's Virgin   Active is set to merge with the UK arm of Holmes Place to   create a 650 million pound ($1.24 billion) gym chain, The   Sunday Telegraph newspaper said, adding a deal could be   announced as early as Monday.
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Prime Minister Gordon Brown said Sunday he was not secretly negotiating the future of troubled bank Northern Rock with Virgin boss Richard Branson, who was travelling with him in India.
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Investment firm Olivant quit the race to rescue ailing British bank Northern Rock Plc  on Monday to leave just two suitors in the running -- Richard Branson's Virgin Group and an "in-house" management team.
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LONDON - Virgin Radio is to broadcast weekly chart rundowns using Napster online sales figures from August 29, beating BBC Radio One to the punch.
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Virgin Group will try to win  over shareholders with a sweetened bid for Northern Rock on the  eve of a speech by the British Chancellor to Parliament about  the struggling UK bank, an unsourced Sunday Times report said.
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NEW YORK (Billboard) - The Fox network has set Nov. 9 for  the premiere of Virgin Records/Virgin Megastore founder Richard  Branson's reality show.
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Virgin has been told it is the frontrunner to take control of troubled bank Northern Rock, the BBC learns.
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Clean-tech investors Benchmark Capital and Sir Richard Branson's Virgin Green Fund are wagering that rating a driver's performance can offer a profitable path to improved fuel economy and reduced accidents and carbon dioxide emissions. The two venture funds said Thursday that they, along with Balderton Capital, are investing $14.5 million in GreenRoad Technologies, whose in-vehicle devices [...].
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LONDON, Sept. 21 -- Iconoclastic British billionaire Richard Branson pledged Thursday to invest all profit from his Virgin Group airline and train businesses over the next decade -- an estimated $3 billion -- to fight global warming and promote alternative energy.