EL UNIVERSAL
CARACAS, Monday April 09, 2007 | Update
Cantv shares down 18.09 percent for takeover bid
The stocks of major telecommunications company Cantv tumbled
18.09 percent Monday at the Caracas Stock Exchange at the
beginning of the government takeover bid as a result, according
to brokers, of falling interest in their trading.
The shares have been traded at USD 3.01, but the deal stopped
at 10:30 a.m., Reuters reported.
On the Cover
Bases of discord
04:17 PM. Western Hemisphere. "Damned empire; I curse you one thousand times; some day you will be finished off and wrecked. I curse you one thousand times, empire." This is the least that President Hugo Chávez has uttered to refer to the US government. In urging the Bolivarian Armed Forces to prepare for war, he said that a US raid on Venezuela through Colombia would trigger and spread over the region "the 100-year war."
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