EU to investigate Liberty Global's purchase of Ziggio

|About: Liberty Global, Inc. (LBTYA)|By:, SA News Editor

The European Union will probe Liberty Global's (LBTYA) purchase of Ziggio to evaluate the impact on consumers.

Despite the deal giving the media giant access to 90% of the cable households in the Netherlands, analysts rate it a fair chance that the EU will approve the deal on the broader view that Ziggio competes with telecoms in the regions.