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Marconi could be broken up.
09/05/2005
Marconi, the UK telecoms equipment group, could see its bosses recommend that the company be broken up, according to the Mail on Sunday. The report noted that a financial source indicated chief executive Mike Parton is leaning towards a break-up following a decision that BT businesses will no longer be deemed core. That step would also make it simpler for sole buyers to value the company has a whole.
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