U.S. based cable operator Liberty Global launched a 1.96 billion euro ($2.56 billion) bid on Thursday for the shares in Belgian peer Telenet it did not already own. Liberty already owns 50.4 percent of the group and has been the controlling shareholder of Telenet since Feb 2007.
Liberty Global, Inc. (LGI) is an international provider of video, broadband Internet and telephony services, with broadband communications and/or direct-to-home satellite (DTH) operations, As of December 31, 2011, the Company was serving 19. Shares of LBTYA fell by 0.23% or $-0.13/share to $57.28. In the past year, the shares have traded as low as $32.06 and as high as $58.65. On average, 668623 shares of LBTYA exchange hands on a given day and today's volume is recorded at 789874.
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