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Malone withdraws Telewest bond offer
Malone withdraws Telewest bond offer
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"The battle for control of Telewest has taken a surprise twist with billionaire John Malone withdrawing his offer for the cable group's bonds and telling three of his lieutenants to stand down from the company's board. "
It's seen as a long chess game, he'll still want Telewest to be part of his expansion from the US to Europe.
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