NTL-Telewest Merger Receives Regulatory Approval

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NTL Incorporated (NTLI) shares are rose sharply on Friday after the U.K. Office of Fair Trading cleared NTL’s merger with Telewest Global (TLWT). Apparently, there are no restrictions on the merged company beyond the regulations already in place governing telecom and media policy in the U.K. The Office rejected all the arguments that the merger […]

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