Around the Net

Liberty Global Prepares For ITV Takeover Bid

Virgin Media owner, Liberty Global, is canvassing support from major ITV shareholders following its summer acquisition of a 6.4 percent stake, raising speculation of a full takeover bid. The company is said to be aiming to strengthen its position for potential talks with the ITV board by forming alliances with the big American investors that own chunks of Britain’s biggest commercial broadcaster.

Read the whole story at The Daily Telegraph »

Next story loading loading..