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Wednesday, February 6, 2013

Takeover Digest - British Business - Feb 7, (NASDAQ: LBTYA), (NASDAQ: VMED)

The Telegraph 42 MLN STG FOR VIRGIN MEDIA BOSS IN LIBERTY GLOBAL DEAL More than 4,000 staff at Virgin Media will share in a major windfall after the company's sale to US cable television giant Liberty Global, including boss Neil Berkett who will take more than $65 million off the table.GSK COULD SELL LUCOZADE AND RIBENA AS GROUP SALES SLIP Sir Andrew Witty, chief executive of GlaxoSmithKline, announced a "strategic review" of iconic brands Lucozade and Ribena as group sales slipped 1 percent over the year.AER LINGUS: FLYBE DEAL WITH RYANAIR IS 'DESPERATE' MOVE Aer Lingus has accused Flybe of acting out of "desperation" after the UK regional airline admitted it would receive 150 million euros to operate 43 of the Irish carrier's short-haul routes if it is taken over by Ryanair.The Guardian

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 2.68% or $-1.82/share to $66.06. In the past year, the shares have traded as low as $44.87 and as high as $70.65. On average, 1445250 shares of LBTYA exchange hands on a given day and today's volume is recorded at 24050016.

Virgin Media Inc. is engaged in entertainment and communications business. Shares of VMED fell by 1.58% or $-0.72/share to $44.89. In the past year, the shares have traded as low as $21.25 and as high as $46.43. On average, 3366860 shares of VMED exchange hands on a given day and today's volume is recorded at 100689216.



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