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Redvers

7 October 2003 tbs.pm/815

The ITC have approved the “merger” of Granada and Carlton.

Most likely outcome: both companies continue to exist as seperate entities, but the broadcast licences of both will be merged into a new ITV plc, in which shareholders of Carlton will get just over a third and shareholders of Granada the rest, plus a cash payment.

A Transdiffusion Presentation

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