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TALKThu, 05th Nov 2020 07:36
LONDON, Nov 5 (Reuters) - British broadband company TalkTalk
said it had extended the deadline for its major
shareholder Toscafund Asset Management to make a firm offer for
the company until December 3 to allow commercial discussions and
due diligence to continue.
Toscafund proposed a 97-pence-a-share cash offer for
TalkTalk in October. Thursday was the original deadline for it
to either make a firm offer or walk away.
(Reporting by Paul Sandle; editing by Sarah Young)
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