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Old 11-02-2013, 11:37   #327
Pierre
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Re: US Cable Giant Liberty Global buys Virgin Media

Quote:
Originally Posted by Stephen View Post
Liberty purchased VM as they are a large cable company doing very well and in a country that they don't have any service in. So now they do and it will boost their portfolio majorly.

Thats the short and straight forward answer.
and in addition.

they have similar business models, and there may be synergies in procurement, and other areas, were they may be able to save some money.

Being the largest cable company in Europe, certainly helps your buying power.
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