April 16, 2008 / 8:04 AM / 11 years ago

Tiscali set May 5 deadline for offers - source

MILAN, April 16 (Reuters) - Tiscali (TIS.MI) set a first deadline of May 5 for non-binding offers for the Italian broadband operator, a source close to the situation said on Wednesday.

The company has been groomed for a sale and hired financial advisers last month to help it find a buyer.

Press reports have indicated at least seven companies are potential buyers.

Reporting by Mathias Wildt

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below