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As expected, Liberty Global (LBTYA) has agreed to acquire Virgin Media (VMED) for $16B in cash...

As expected, Liberty Global (LBTYA) has agreed to acquire Virgin Media (VMED) for $16B in cash and shares, with the enterprise value of the deal $23.3B when debt is included. Liberty Global's offer of $47.87 per Virgin Media share represents a premium of 24% to the latter's closing price on Monday, prior to the news of the acquisition becoming public. (PR)
Comments (1)
  • One thing they won't eliminate are the fact union contracts and gold plate pensions.
    6 Feb 2013, 09:52 AM Reply Like
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