[quote=TV Boy;34362364]Europe's largest cable operator Liberty Global is considering a bid for Virgin Media.
Liberty Global chairman and US mogul John Malone told the Financial Times that the group was 'doing [its] homework' with regards to entering the £12m auction for the US-listed British cable firm.
Any deal would involve taking on around £6bn of debt.
'The UK market is big and complex and [Virgin Media] has a lot of interesting financial attributes to it,' Malone said.
Virgin Media was up for sale earlier this summer after receiving a £5.5bn takeover bid from private-equity firm Carlyle Group.
A $32-$33 per share proposal from Carlyle triggered a formal auction the company.
Virgin has asked for indicative offers by August 8 with bids exepcted from a host of private equity firms and fellow cable companies.
Virgin Media's Nasdaq-listed stock has fallen from above $29 ten days
Info from Broadcast.
For on this story see here:
http://www.broadcastnow.co.uk/broadc...StoryID=170327
/quote]
Is this the same Liberty that provides the software fot the set top boxes ?