Monday, July 2, 2007

UPDATE 1-Virgin Media shares jump over 15 pct on bid hopes

(Reuters) - Sources familiar with the situation told Reuters on Sunday
that the group had appointed Goldman Sachs to seek a possible
buyer.




The sources said Carlyle Group [CYL.UL] had approached the
company over a possible bid but declined to disclose the price
put forward. They said the search was in the early stages.


Read more at Reuters.com Mergers News

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