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BIZ BUZZ: Why SkyCable sale to PLDT collapsed

By Inquirer - 9 months ago
More than a year of meticulous preparations and negotiations dissipated into thin air. This is the likely sentiment of the executives, government regulators, lawyers and financial advisers who dedicated a part of their lives working on the P6.75 billion sale of the Lopez family’s Sky Cable, majority owned by ABS-CBN Corp., to telecommunications giant PLDT

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