US Cable Giant Liberty Global buys Virgin Media
05-02-2013, 16:07
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#46
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cf.mega poster
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Re: Virgin up for sale?
Well the shares in VM are going up.
http://www.nasdaq.com/symbol/vmed
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05-02-2013, 16:18
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#47
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Do I care what you think
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Re: Virgin up for sale?
Quote:
Originally Posted by devilincarnate
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Would be worrying if they did not 
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05-02-2013, 16:21
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#48
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Media Watcher
Join Date: Feb 2006
Location: Essex
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Re: Virgin up for sale?
Quote:
Originally Posted by Top banana
Neil Berkett will be giving a view tomorrow morning when he announces their results. Reckon he will be hoping it goes through as counts his 180,000 shares. Deserves it though as he is the guy who took the share price from 8 dollars to 40.
Interesting point is that Liberty were the major shareholder in Telewest
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....yes, that is interesting, isn't it? Things always go round in circles.
What was the past may well become the future. 
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05-02-2013, 16:24
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#49
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Still alive and fighting
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Re: Virgin up for sale?
Quote:
Originally Posted by Itshim
Would be worrying if they did not |
Have you got any Victor?. 
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“The only lesson you can learn from history is that it repeats itself”
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05-02-2013, 16:32
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#50
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Media Watcher
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Re: Virgin up for sale?
Quote:
Originally Posted by telfordcable
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
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You do realise, don't you, that vm have an annual revenue of $4 billion? That's why Liberty Media is sniffing around VM now. They are making money and although their debt is huge, Liberty have deep pockets and bring $4 billion of cash (should they wish to use it) to the table. Any bank will lend erm the rest.
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05-02-2013, 16:36
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#51
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cf.mega poster
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Re: Virgin up for sale?
Quote:
Originally Posted by denphone
Have you got any Victor?. |
I bet the staff who have got share options are getting very happy now? Maybe
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05-02-2013, 16:41
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#52
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Guest
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Re: Virgin up for sale?
Quote:
Originally Posted by devilincarnate
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I bet there were a lot of people on the phone the second nasdaq opened, they will have made an instant killing - looks like they are up $6 already and its only been open an hour or so!
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05-02-2013, 16:44
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#53
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Inactive
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Re: Virgin up for sale?
Quote:
Originally Posted by telfordcable
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
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I don't care if this causes an infraction or not, but < mod deleted: If something isn't helpful, and will inflame matters, don't post it>
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05-02-2013, 16:53
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#54
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cf.mega poster
Join Date: Jun 2009
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Re: Virgin up for sale?
Quote:
Originally Posted by telfordcable
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
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Cannot see it happening?
Quote:
John Malone's international cable business Liberty Global Inc. ( LBTYA ) is close to a deal to buy U.K. cable-television and Internet provider Virgin Media Inc. ( VMED ), which could create a stronger competitor to market leader British Sky Broadcasting Group PLC (BSY.LN).
The boards of the two companies were meeting Tuesday to discuss a takeover of Virgin Media by Liberty Global, which could be announced Wednesday if not sooner, according to people familiar with the matter.
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http://www.nasdaq.com/article/libert...8#.UREpyh3BdrM
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05-02-2013, 16:56
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#55
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Do I care what you think
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Re: Virgin up for sale?
Quote:
Originally Posted by denphone
Have you got any Victor?. |
Not personally. What is in the portfolio, I normally have no idea. Stocks & shares are not my expertise.Last time I asked - It was all why , whats wrong, . Younger brother was really upset I questioned what he was doing. Just NOT done in the family, outside formal meeting. When all is open to questions. Saying that I have not really ever looked at any of the other businesses. To far away if honest .Making money, employing family & other staff. So fine by me . That`s the way it has been within the family for over a hundred years. Vetoed a couple of ideas over the years. (If two object its dumped. No question, no argument.)
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No point in being pessimistic. You know it won`t work.
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05-02-2013, 17:05
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#56
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Re: Virgin Media Fourth Quarter 2012 Results
Quote:
Originally Posted by Hugh
And News Corp has $16.46 billion in debts - standard business practice....
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Who gives a toss a out news corp? Or are they going to bid for virginmedia? Wha a random comment lol
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05-02-2013, 17:07
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#57
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Re: Virgin Media Fourth Quarter 2012 Results
Quote:
Originally Posted by Bogof
Who gives a toss a out news corp? Or are they going to bid for virginmedia? Wha a random comment lol
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Hardly random - just balanced
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05-02-2013, 17:09
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#58
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Still alive and fighting
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Re: Virgin Media Fourth Quarter 2012 Results
There is nothing at all wrong with his comment Bogof because as he says many companies carry considerable debts and as long as those debts can be serviced then there is no problem at all.
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“The only lesson you can learn from history is that it repeats itself”
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05-02-2013, 17:13
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#59
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Re: Virgin Media Fourth Quarter 2012 Results
Quote:
Originally Posted by denphone
There is nothing at all wrong with his comment Bogof because as he says many companies carry considerable debts and as long as those debts can be serviced then there is no problem at all.
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Still seemed pretty random to me.
---------- Post added at 16:13 ---------- Previous post was at 16:12 ----------
Quote:
Originally Posted by gba93
Hardly random - just balanced
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What? Where is the balance?
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05-02-2013, 17:14
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#60
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XIV
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Re: Virgin Media Fourth Quarter 2012 Results
no. he's saying businesses have huge debt but put up against revenue and assets it doesn't look bad as in doom gloom shut the silly business down.
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