Philippine Long Distance Telephone Co. (PLDT) Chairman Manuel Pangilinan (MVP) said on Tuesday his group has no plans of renewing its offer to buy a stake in GMA Network Inc., backing off further after GMA confirmed it was in talks with San Miguel Corp. for a possible investment deal.
Asked by this reporter if he has made any revised offer to GMA, Pangilinan replied: “No, we haven’t done that.”
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