05-02-2013, 16:53
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#54
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cf.mega poster
Join Date: Jun 2009
Location: Hell
Age: 50
Posts: 5,956
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Re: Virgin up for sale?
Quote:
Originally Posted by telfordcable
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
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Cannot see it happening?
Quote:
John Malone's international cable business Liberty Global Inc. ( LBTYA ) is close to a deal to buy U.K. cable-television and Internet provider Virgin Media Inc. ( VMED ), which could create a stronger competitor to market leader British Sky Broadcasting Group PLC (BSY.LN).
The boards of the two companies were meeting Tuesday to discuss a takeover of Virgin Media by Liberty Global, which could be announced Wednesday if not sooner, according to people familiar with the matter.
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http://www.nasdaq.com/article/libert...8#.UREpyh3BdrM
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