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Re: US Cable Giant Liberty Global buys Virgin Media
The usual suspects attacking the poster like a pack of starving rabid dogs and the best they can do is some un-funny sarcasm? Boring!
If all the virgin staff are happy and 'buzzing' about this buyout as some staff have said in this thread, one can take from that they knew virgins future was heading towards a ditch so the Liberty Global cash injection was needed.
Companies sometimes buy others for less obvious and nefarious reasons. No one here knows the real reasons for the purchase. The TV side is obvious but the broadband magnet it had before is going to be in decline and its technological limits making it less competitive in the future. So one would hope Liberty are not just moving cash around or using the Virgin buyout for other reasons..
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