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Virgin Talk Resurfaces

9:20 AM -- A weekend newspaper report suggesting a fresh private equity takeover bid gave Virgin Media Inc. (Nasdaq: VMED)'s share price a lift Monday.

Virgin's stock gained $0.97, more than 6 percent, to end Monday at $14.86 after the report raised hopes of a bid valued at between $17 and $22 per share.

Keep an eye out this week see if Virgin's share price keeps rising -- we're sure new CEO Neil Berkett will have at least one eye on the Nasdaq today. (See Virgin Media Names CEO.)

— Ray Le Maistre, International News Editor, Light Reading

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