Liberty Global to Buy Virgin Media for $23.3 Billion
Posted: 2/6/2013 | By: BBC
The deal will create the world's largest broadband company, with 25 million customers in 14 countries.
In the UK, it will be the second biggest pay-TV business after BSkyB.
The merger, subject to shareholder and regulatory approval, puts Mr Malone in competition with Rupert Murdoch, whose media empire owns 39% of BSkyB.
In the UK, it will be the second biggest pay-TV business after BSkyB.
The merger, subject to shareholder and regulatory approval, puts Mr Malone in competition with Rupert Murdoch, whose media empire owns 39% of BSkyB.