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Virgin Media, Liberty Global In Takeover Talks
- The Guardian , Tuesday, February 5, 2013 3:40 PM
Virgin Media has confirmed it is in takeover talks that could lead to a bid from US cable company Liberty Global in the coming days. Any deal would put Liberty Global's chairman, John Malone, head-to-head with his occasional nemesis Rupert Murdoch in the fierce battle for the UK's pay-TV customers. The company said on Tuesday: "Virgin Media confirms that it is in discussions with Liberty Global, a leading international cable company, concerning a possible transaction. Any such transaction would be subject to regulatory and other conditions."
