Tuesday, July 31, 2007

BSkyB to buy Amstrad from "Apprentice" boss Sugar

(Reuters) - LONDON, July 31 - British pay-TV firm BSkyB
has agreed to buy Amstrad , the consumer
electronics company run by celebrity businessman Alan Sugar, for
125 million pounds .




The 150-pence-a-share cash deal will net around 34.5 million
pounds for Sugar, who founded Amstrad in 1968 and has more
recently found fame on TV reality show "The Apprentice" in
Britain.


Read more at Reuters.com Mergers News

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