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Thu 10 Oct 2008Fifth Eircom ownership change proposed
ANALYSIS:LIT's intentions for Eircom, whose debts exceed €4 billion, are unclear at this stage, writes Arthur Beesley
THE PROSPECT of a fifth change of ownership of Eircom in less than 10 years emerged last night in the form of a non-binding indicative proposal for the acquisition of its owner Babcock Brown Capital (BCM) from LIT plc, a little-known activist investor listed on the small-cap Alternative Investment Market in London.
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