Macquarie Downgrades Virgin Media (VMED) to Neutral
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Deutsche Bank Downgrades Virgin Media (VMED) to Hold
February 7, 2013 7:11 AM ESTDeutsche Bank downgraded Virgin Media (NASDAQ: VMED) from Buy to Hold on pending takeover. The firm assumes the deal will complete, given reasonable valuation and management support.
For an analyst ratings summary and ratings history on Virgin Media... More
Virgin Media (VMED) Acquired by Liberty Global (LBTYA) in $23.3B Deal
February 5, 2013 9:30 PM ESTIn a deal highly anticipated throughout the day, Virgin Media, Inc. (NASDAQ: VMED) announced an agreement Tuesday evening to be acquired by Liberty Global, Inc. (NASDAQ: LBTYA) for $23.3 billion in cash and stock.
The combined company will create one of the leading broadband communications company, covering 47 million homes and serving 25 million customers across 14 countries. The deal will be accretive to free cash flow.
The company... More
