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EU: $15.8B Liberty, Virgin merger could bring contender against Murdoch

By  |  March 7, 2013

The European Commission has announced a deadline of mid-April to rule on a proposed takeover of Virgin Media by cable group Liberty Global for $15.8 billion. According to reports, the deal would shakeup the industry’s powerhouses as Liberty’s controlling shareholder John Malone would be pitted against Rupert Murdoch and BSkyB. Liberty is Europe’s top cable operator; the company announced its notification to the European Commission on its website Thursday.

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    Full Content: Reuters

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