British Telecom named Blau Tequila, London, to handle direct marketing. The winner is a joint venture of London-based Tequila Worldwide and Barry Blau & Partners, Wilton, Conn. Net fees are estimated at $2 million. Devon Direct, Berwyn, Pa., previously handled.
ValueVision International, a Minneapolis-based direct marketer, and National Media Corp., Philadelphia, an infomercial company, have postponed their shareholder meetings in the wake of opposition to their proposed merger. ValueVision received preliminary notification from holders of more than 5% of its common stock that they intend to exercise their dissenter's rights on the merger. The companies have mutually agreed to postpone their respective shareholder meetings while they negotiate a restructuring of the planned merger that is acceptable to all parties.