RE: UKNM: Students net 10 million

[Kief Morris]

 > Robin Edwards:

 >  > http://news.bbc.co.uk/hi/english/business/newsid_618000/618268.stm

 >  >

 >  > Please tell me I am dreaming this.

 > 

 > I must confess that I was rather astounded when I arrived at

 > http://www.student-net.co.uk/ to find only Nottingham-based 

 > information. I

 > really wonder what International Media Products Group is 

 > buying into. Is

 > potential really worth in excess of £10million?

 > 

 > --

 > Ian


Did they actually pay £10m into the students' pockets in exchange

for the existing business? Or is the money invested into the business,

to be used to "expand the website to cover campuses across Britain 

with 50 jobs already created with more promised" as the story 

mentions they plan to do? The second case doesn't strike me as

all that ludicrous a move.



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