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Old December 20th, 2007 Top | #1

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Default BSkyB 'should sell shares in ITV'
BSkyB should be forced to sell some of its 17.9% stake in ITV, the Competition Commission has recommended. The regulator said that BSkyB should either sell all of its shares or cut its stake to below 7.5% and promise not to take a seat on ITV's board.
BSkyB and ITV both said they were studying the report and awaiting a final decision from the government.
Business Secretary John Hutton has until 29 January to decide what action to take on the report's findings.


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http://news.bbc.co.uk/1/hi/business/7153231.stm
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