The Deal is going on
as Branson wants it dumped.
He claims its good news for Virgin Customers?
We will see
Also as Malones Liberty Global is Expanding Groups
you wonder if he will cut the staff back.
"Liberty has recently increased its stake in Belgian operator Telenet to 58% and owns other consumer brands across Europe, including UPC, Unitymedia, Kabel BW and VTR.
It also owns a content and channels group called Chellomedia."
From
Libertys own site:
"Significant potential to monetize customer base,
with opportunity to deliver current customers
enhanced bundled and premium services."
http://www.lgi.com/pdf/press-release...nouncement.pdf
They are buying Virgin Media UK for $23Billion
but that includes £5Billion of Virgin Debt.
And reported on BBC they are keeping the Virgin Name
http://www.telegraph.co.uk/finance/n...or-23.3bn.html