Getting To Know Remote Control Toys
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Espinosa on buying Lopezes’ stake in Meralco: It boils down to price and timing

In the second segment of the October 23, 2009 interview with ABS-CBN News Channel’s Business Nightly, Atty Ray Espinosa, a director of PLDT, which is part of the group that is eyeing the remaining stake of the Lopez family in Manila Electric Company (Meralco), said the deal with the Lopezes will be based on pricing and timing. He said Metro Pacific Investment Corp., a sister company of PLDT, is a willig buyer, while the Lopezes’ decision to sell is based on their requirements to fund new and additional ventures in the power generation sector.

I wish I’d filmed all of this as he didn’t play very long and it was pretty killer. It wasn’t so much the audio as the energy, which you could feel that everyone in the room was riding the vibe like an electric pony. There was some weird energy in the room anyway, I suppose. Or maybe orange jiuce and lemonade has some weird properties that I’m still getting used to.

Video Rating: 5 / 5

2 Responses to “Espinosa on buying Lopezes’ stake in Meralco: It boils down to price and timing”

  1. manfromuranus says:

    You poor bugger

  2. stalag3333 says:

    i wonder if i can defect to england seeing as how there is no music scene like that here.

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