Television & Radio M&A » By The Online Investor Staff, updated Sat., Mar. 6, 10:34 PM
Recent mergers and acquisitions in the Television & Radio M&A category.
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Slide #13. Liberty Global — Ziggo
Acquirer:
Liberty Global (NASDAQ:LBTYA)
Acquiree:
Ziggo
Details:
Liberty Global plc ("Liberty Global") (NASDAQ:LBTYA,LBTYBandLBTYK) and Ziggo N.V. ("Ziggo") (NYSE Euronext Amsterdam: ZIGGO NA) today announced that they have reached a conditional agreement (the "Merger Protocol") on a recommended offer (the "Offer") pursuant to which Liberty Global will acquire Ziggo in a stock and cash transaction valuing Ziggo at approximately 10.0 billion ($13.7 billion).2
Liberty Global is a holding company. Through its subsidiaries, Co. provides broadband internet, video, fixed-line telephony and mobile communications services to residential customers and businesses in Europe. Co. provides residential and business-to-business (B2B) communication services in United Kingdom and Ireland through Virgin Media Inc., Belgium through Telenet Group Holding N.V., Switzerland, Poland and Slovakia through various wholly-owned subsidiaries. Co. owns a 50% noncontrolling interest in a 50:50 joint venture between Vodafone Group plc (Vodafone) and Co. (the VodafoneZiggo JV), which provides residential and B2B communication services in the Netherlands.
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Avg. Broker Rec.
 
|
Buy (2.89 out of 4) 23rd percentile
(ranked lower than approx. 77% of all stocks covered)
Analysts' Target Price: LBTYA Stock Forecast Based on Zacks ABR data; powered by Xignite |
