Read this: BSkyB sells ITV shares to Virgin Media owner Liberty Global | Media | theguardian.com
Summary: ITVs share price rose 7 to 196p in early trading as investors enthusiastically greeted the move as a signal that the UKs largest free-to-air commercial broadcaster is likely to be snapped up. Now John Malones cable giant Liberty Global, which snapped up Virgin Media last year for 15bn, has renewed the prospect of a takeover. Liberty Global chief executive Mike Fries said This is an opportunistic and attractive investment for us in our largest cable market. - theguardian.comRead full article: BSkyB sells ITV shares to Virgin Media o…
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