Xmas coming early for KCOM shareholders!

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TOPINFO - Wed, 21 Dec 05 :

One of the criteria will be for all the staff to remain in place. I would imagine any potential bidder would want all the staff included anyway to run the gaff, and maybe offer some senior management redundancy packages as they combine businesses. Lets face it the council only have a 30% stake, if a predator wants KCOM it would be fairly easy to launch a hostile takeover, so the council will not want to sell kicking and screeming. I personally think its a done deal, and the reason that KCOM and the council are so quiet is the fact they need this deal, and see it as a good opportunity.


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