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TalkTalk shares up 16pc as telco considers £1.1bn takeover bid
Any takeover needs the approval of TalkTalk founder and biggest shareholder Charles Dunstone
Daisy Group agrees second takeover deadline extension
Deadline for £500 million buyout of the telecommunications provider extended for a second time
Daisy CEO Riley leads £500m takeover approach for company
Majority shareholders Riley and Toscafund, as well as private equity group Penta Capital, form consortium with the possibility of taking firm private