Media Lifeline: Virgin Media
13 Jul 2007
Sir Richard Branson's turbulent road to quadruple play has taken a fresh turn in the guise of a confirmed bid.
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Not many people are happy about being called a virgin, and it seems the same could soon be said for Virgin Media. The company, which was approached last week by the US private equity group Carlyle with an £11 billion offer, is reportedly considering dropping the big V if the sale goes through.
Sir Richard Branson's turbulent road to quadruple play has taken a fresh turn in the guise of a confirmed bid.