Reuters - Liberty Wins Approval for $15.8B Virgin Media Deal

U.S. cable firm Liberty Global won unconditional EU regulatory approval on Monday for its $15.8 billion takeover of Virgin Media, a deal that pits the group against Rupert Murdoch's British satellite TV operation BSkyB, Reuters reported. The European Commission said it did not have any competition concerns regarding the takeover, confirming a Reuters report last week.

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