Tuesday, 5 February 2013

More things set to happen next week. Plus Virgin Media set to be sold?

Here is some news round up:

-My Insider has confirmed to me that 'More things happening next week' on Virgin Media.

-Guardian Media is reporting that Liberty Global are 'days away' from making an bid to buy Virgin Media.

The Following is from Guardian.co.uk.

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."