ITV and NTL 'in merger talks'
In response to speculation, the Board of ITV confirms that it has very recently received, from the Board of NTL, a highly tentative expression of interest in holding discussions about a possible combination of NTL with ITV. In the interests of its shareholders, the Board of ITV has indicated its willingness to listen to any bona fide proposal, but to date no meeting has been held nor has any proposal been received. Accordingly, there can be no certainty that any compelling construct will be forthcoming, still less that any merger or takeover will result.
A further announcement will be made as and when appropriate.