- Headlines are buffeting Liberty Global's (LBTYA +0.4%) planned multibillion-dollar sale of its Swiss cable operation.
- The latest is a report in Switzerland's The Market, saying that a majority of voting investors in Sunrise Communications are set to reject a capital increase to fund the acquisition of Liberty's UPC Switzerland, which has an enterprise value of about $6.4B.
- Active Ownership Capital joined dissenters yesterday, a group that also includes Freenet, Axxion and Shareholder Value Management among others.