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EU Regulators To Approve $15.8 Billion Liberty Global Inc, Virgin Media Inc. Deal-Reuters


Monday, 8 Apr 2013 07:16am EDT 

Reuters reported that Liberty Global Inc will get unconditional EU clearance for its $15.8 billion bid for Virgin Media Inc. Liberty Global unveiled the takeover offer for Britain's pay-TV provider in February. The move underscores the growing rivalry between cable groups and traditional telecoms operators. The European Union competition authority is set to announce its decision by April 15. 

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