Press speculation – John Malone’s Liberty Global is preparing to make a bid for Virgin Media

The press are reporting that John Malone’s Liberty Global is preparing to make a bid for Virgin Media.

Virgin Media has made the following short announcement today.

Virgin MediaVirgin Media Inc. notes the recent press speculation in relation to a possible corporate transaction between Virgin Media Inc. and Liberty Global, Inc. Virgin Media confirms that it is in discussions with Liberty Global, Inc., a leading international cable company, concerning a possible transaction. Any such transaction would be subject to regulatory and other conditions. A further announcement will be made in due course.

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