Quote:
Originally Posted by Horizon
The Mail On Sunday reported that Liberty arch rival Comcast have held talks with ITV over a possible takeover. Liberty Global own 10% of ITV, so that would make interesting boardroom discussions should a bid occur.
http://www.dailymail.co.uk/money/mar...Universal.html
Buy ITV shares now while you still can! A bunfight will likely happen in the new year between some of the big US media companies and BT vying to gain control of ITV. Perhaps even Liberty may join the fray too.
|
Liberty's stake is more an opportunistic purchase, I can't see the business case for them spending a few £bn on a largely FTA broadcaster. In fact, they will be quite pleased if they can turn a profit on their stake.