Liberty Global prepares bid for UK's Virgin Media: FT
NEW YORK (Reuters) - U.S. billionaire John Malone's cable group Liberty Global is preparing a bid for UK cable company Virgin Media Inc, the Financial Times reported on Monday, citing several people familiar with the matter.
Virgin Media -- the UK's second-largest pay television operator according to the FT -- has a market capitalization of around $10.4 billion (6.6 billion pounds) as of Monday's closing price.
A bid for could be announced in coming days, the FT said.
Liberty Global and Virgin Media could not be immediately reached for comment.
SAN FRANCISCO - At Pinterest, the online bulletin board service that is valued near $3.8 billion, some 70 percent of the users are female. But the company's board of directors is 100 percent male.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.