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Liberty Global to buy Virgin Media
2013-02-06 05:28:13| BBC News | Business | UK Edition
US billionaire John Malone's cable group, Liberty Global, agrees to buy UK's Virgin Media in a cash and stock deal worth $23.3bn (15bn).
Liberty Global to Acquire Virgin Media
2013-02-06 01:56:51| Digital TV News
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) and Virgin Media (NASDAQ: VMED; LSE: VMED) have announced that they have entered into an agreement pursuant to which Liberty Global will acquire Virgin Media in a stock and cash merger valued at approximately $23.3 billion.
Tags: media
global
virgin
acquire
Liberty Global to buy Virgin Media for $23.3bn
2013-02-06 01:00:00| Total Telecom industry news
Deal gives international cableco access to U.K. market; Virgin brand to stay.
Liberty Global eyes Virgin Media
2013-02-05 15:02:18| BBC News | Business | UK Edition
US billionaire John Malone's cable group Liberty Global is in discussions about a deal with Richard Branson's UK cable operator Virgin Media
Tags: media
global
eyes
virgin
Virgin Media confirms talks with Liberty Global
2013-02-05 09:12:00| Telecompaper Headlines
(Telecompaper) Virgin Media confirmed it's in talks on a possible takeover by Liberty Global. The statement follows a report by the Financial Times saying the takeover could be announced in the coming days. According to the paper, the UK cable operator has an enterprise value of over USD 20 billion. Liberty Global has been looking for new growth markets in Europe, after last year becoming one of the biggest cable operators in Germany. It is also in the process of increasing its stake in Belgian operator Telenet. A takeover of Virgin Media would be its first foothold in the UK, also giving it an entrance on the mobile market where Virgin operates as a MVNO. Virgin Media said it was in discussions with Liberty Global "concerning a possible transaction". No further details were provided.
Tags: media
global
virgin
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