Re: Liberty Global in talks to merge Virgin Media with O2
Quote:
Originally Posted by 1andrew1
It's three things
- It's structured as a takeover of Telefonica UK (which trades as O2) by Virgin Media as that ensures Virgin Media's valuable tax credits can still be used.
- It's an effective merger of Virgin Media Ltd and Telefionica UK Ltd as it's a combination of equals.
- The new entity will be 50-50 joint venture between Telefonica SA and Liberty Global plc.
---------- Post added at 11:40 ---------- Previous post was at 11:30 ----------
Is "Media" a relevant term for what is now a telecoms company?
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