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Malone strikes $15.75 billion Virgin Media deal to take on Murdoch

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LONDON (Reuters) – John Malone’s Liberty Global struck a deal on Tuesday to buy British cable group Virgin Media for about $15.75 billion in stock and cash, a move that would put the U.S. billionaire up against old rival Rupert Murdoch.

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Post Published: 06 February 2013
Found in section: Finance