More on Vodafone/Liberty

• Sources tell Bloomberg Vodafone (NASDAQ:VOD) is "holding internal deliberations and analyzing the financial and regulatory hurdles as well as investor support for a share-based transaction" with Liberty Global (NASDAQ:LBTYA).
• However, they add no formal talks with Liberty are currently underway, and that "valuation and regulatory issues remain key obstacles."
• Liberty has a ~$38B market cap, and $40.1B in net debt. Vodafone is worth $95.1B, and has $34B in net debt. Vodafone closed up 2.5% (with the help of  a UBS upgrade), and Liberty closed up 7.4%.
• Prior coverage