16/10/2000
Shares in the ex-Gartland Whalley & Barker investment business were suspended as it announced plans for a reverse takeover of TV Interactive, a Florida-based media production company with broadband aspirations. The consideration will be $10m in cash, of which £1.9m will come from a placing and open offer to e-quisitor shareholders. TVI is a profitable business which it believes is operating in a growing market, and also has new things to offer such as a Video News Release service and the inevitable mobile internet arm.
| Market cap: | £7.4m |
| PE Average: | 23 |
| PE Forecast: | n/a |
| PE Historic: | n/a |
| Share price: | 210p |
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