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Virgin team submits proposal to Northern Rock (FT.com via Yahoo! News)

Story date: 2007-10-12 08:20:18
Added on: 2007-10-12 22:39:32


A high-octane consortium led by Virgin Group submitted a proposal on Friday to take over Northern Rock, a deal that would reverse the hamstrung bank in a manner similar to the way in which Sir Richard Branson turned NTL into Virgin Media.


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