BBY » Topics » (d) TalkTalk Group integration

This excerpt taken from the BBY 8-K filed Nov 27, 2009.

(d)          TalkTalk Group integration

On 3 July 2009 CPW acquired the UK operations of Tiscali S.p.A, the internet service provider. The restructuring of the Tiscali business and integration with the rest of the TalkTalk Group, most of which will commence in 2010, is expected to yield significant synergies, both through the elimination of duplicated costs and through network and operational efficiencies. Reorganisation costs of £4m were incurred in the period ended 30 September 2009, principally comprising redundancy and consulting costs.


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