Liberty Global has confirmed that it's in takeover
Post# of 17650
Posted On: 10/23/2015 8:10:03 AM
Liberty Global has confirmed that it's in takeover discussions with U.K.-based Cable & Wireless Communications (OTCPK:CWIXF) in a deal that could value the company at more than $5B. A buyout could happen before the two companies report financial results in early November, WSJ reports. If completed, the deal would broaden Liberty Global's (NASDAQ:LBTYA) presence in the Caribbean and Latin America.
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