February 06, 2013

Liberty Global buys Virgin Media for £15bn

From The Guardian: "Virgin Media has accepted a $23.3bn (£15bn) takeover by American cable tycoon John Malone's Liberty Global in a deal that threatens to topple Rupert Murdoch's dominance of pay television by creating Europe's largest broadband business."
More to follow on this no doubt. Neil Berkett is rumoured to be personally collecting £30m so I guess this morning's coffee and biscuits is on him.

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