O2 (UK) billion (£2 per share) in cash. It went through finally in 2006. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom, keeping both the brand and the management team. The merger became unconditional on 23 January 2006. Following the acquisition of O2, Telefónica undertook a corporate organisational change that saw the merging of its fixed and mobile businesses in Spain, and the transfer of Telefónica's non-Spanish European telecommunications properties into the O2 brand. Thus, the Český Telecom and Eurotel operations in the Czech Republic as well as the Telefónica Deutschland business
News World Communications News World Communications News World Communications Inc. is an international news media corporation. It was founded in New York City, in 1976, by Unification movement founder and leader Sun Myung Moon. Its first two newspapers, "The News World" (later renamed the "New York City Tribune") and the Spanish-language "Noticias del Mundo", were published in New York from 1976 until the early 1990s. In October 2009, Hyun Jin Moon took over as chairman. News World Communications currently owns United Press International, "GolfStyles (formerly "Washington Golf Monthly")", "Segye Ilbo" (South Korea), and "Sekai Nippo" (Japan). Formerly, it owned "The World and I",