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Old 09-02-2013, 08:56   #291
Mr Banana
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Re: US Cable Giant Liberty Global buys Virgin Media

Quote:
Originally Posted by Bogof View Post
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/
If it wasn't a good deal for vm, the shareholders would not accept it?
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