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Virgin Lures Liberty

Interest in Virgin Media extends beyond private equity

July 30, 2007

1 Min Read
Virgin Lures Liberty

9:00 AM -- It looks as if the private equity mob isn't alone in finding Virgin Media Inc. (Nasdaq: VMED) a potentially interesting takeover target.

The British cable operator giant, which has erected the "For Sale" sign outside its headquarters, is already being sized up by The Carlyle Group LLC and several of its ilk. (See Carlyle Eyes Virgin.)

Now, though, John Malone, chairman of Liberty Global Inc. (Nasdaq: LBTY), has told the Financial Times that his company is checking out Virgin Media's potential worth to the global cable operator group. Find out more at FT.com, or, if you don't have a subscription to that site, you might read a version of the story on the Daily Telegraph Website.

— Ray Le Maistre, Virgin Media Customer, Light Reading

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