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OFT clears Living TV Group acquisition

14th Sep 2010 15:03

RNS Number : 6716S
British Sky Broadcasting Group PLC
14 September 2010
 



OFT clears Living TV Group acquisition

BSkyB has received final clearance from the OFT for its acquisition of Living TV Group (formerly Virgin Media Television) from Virgin Media. Sky will now pay a final installment of £55 million to Virgin Media, which follows an initial payment of £105 million.

 

-END-

 

Further information

 

Sky

 

Media

 

Stephen Gaynor

[email protected]

0207 705 3446

 

Investors

 

Francesca Pierce

[email protected]

020 7705 3337

 

Virgin Media

 

Gareth Mead

[email protected] 

0207 299 5703

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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