Liberty Global Drops $23.3 Billion For Virgin Media

International telecom giant Liberty Global has just acquired Virgin Media for $23.3 billion in cash and stock. The deal gives Liberty an even larger stake in Europe than it had before and, and creates one of the bigger broadband companies on the planet at 47 million homes covered across 14 countries. 

Read the whole story at Engadget »
Tags: europe, m&a, telecom
Recommend