Saturday, 24 February 2018

Liberty Global to buy Virgin Media for $23.3bn

By Mary Lennighan, Total Telecom
Wednesday 06 February 13

Deal gives international cableco access to U.K. market; Virgin brand to stay.

Liberty Global has agreed to acquire Virgin Media via a cash and stock merger valued at $23.3 billion. The combination of the two cable TV and broadband providers creates a merged entity with 25 million customers in 14 countries; essentially, the move adds the U.K. to Liberty Global's primarily European footprint…

Liberty Global has agreed to acquire Virgin Media via a cash and stock merger valued at $23.3 billion. The combination of the two cable TV and broadband providers creates a merged entity with 25 million customers in 14 countries; essentially, the move adds the U.K. to Liberty Global's primarily European footprint…

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