A court's given the go-ahead for Manx Telecom to be bought out.
Deemster Needham was asked to approve a share scheme under the Companies Act 2006, allowing Basalt Investments to take over the firm.
He said the proposals all complied with the law, and shareholders had voted fairly.
And he concluded his judgement by sanctioning the scheme.
King praises Island's beauty during Tynwald address
King Charles has addressed the Island's parliament in his first stop of today's royal visit.
King Charles has arrived at Tynwald, in his first visit to the Island as monarch.
Government public counters closed because of king's visit
The government says public counters at its main offices in the capital will be closed today.
Reduced MER service as Island braces for King's visit
The Manx Electric Railway says it's running a reduced service today.
Public Health issues advice on staying cool in heatwave
Public Health has shared advice on how to keep cool during the summer heatwave.
Keys to sit after royal visit this afternoon
The House of Keys will sit this afternoon, following a royal visit to Tynwald.
Bus services to divert for king's visit
Bus Vannin says there's a royal reason behind some of its services diverting today.
Next to stay open after new deal reached
The Island's branch of Next is going to stay open, as a deal with the shop's landlord has been reached.
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