09-02-2013, 00:54
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#290
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Inactive
Join Date: Jan 2010
Location: Edinburgh
Services: SKY Family, SKY Broadband Unlimited, YouView, Netflix, Amazon Instant Video, Boxnation
Posts: 5,137
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Re: US Cable Giant Liberty Global buys Virgin Media
Quote:
Originally Posted by Bogof
This is a great deal for Liberty, this is not a great deal for Virginmedia. I'm thinking sub-prime. Virginmedias share price increased, credit rating increased, income increased, cash increased, churn decreased,- and now they've been bought out in a debt financed deal that sees VM increase its debt by almost 3 billion/
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So what?
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