Cable Forum - View Single Post - US Cable Giant Liberty Global buys Virgin Media

08-02-2013, 10:15

Quote:

Originally Posted by MaverickJesus

A deal which results in an extra $3bn of leveraged debt on VM's books, also causing a credit watch note for potential downgrade, is a good move?

Do you want to buy some magic beans?

http://www.ft.com/cms/s/0/6e390f1a-7...#axzz2KIERWWX2

Liberty have been around for a long time, so reckon thay know what they are doing. I would also add that the existing shareholders who get cash and shares in the new company wil not enter into a deal that will lose them money.