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Friday, February 8, 2013

TMT deals support global M&A and boutique banks, (NASDAQ: LBTYA), (NYSE: TRI), (TSE: TRI.TO), (NASDAQ: VMED)

The technology, media and telecoms (TMT) sector has seen the busiest start to a year in terms of M&A deals since the height of the dot.com boom in 2000, giving a boost to boutique banks which are increasingly winning work as advisers.The $64.8 billion of mergers and acquisitions (M&A) in the TMT sector account for almost a third of all deals announced so far this year, according to Thomson Reuters data.This week alone, U.S. cable firm Liberty Global unveiled a $23-billion bid, including debt, for Britain's Virgin Media, while Dell's founder and CEO struck a $24.4-billion deal to take the PC-maker private.But the surge in TMT dealmaking has not been enough to lift business for M&A bankers overall. The total value of deals announced so far this year is $202.6 billion, down 3 percent on the same time a year ago.

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 0.95% or $-0.65/share to $67.42. In the past year, the shares have traded as low as $44.87 and as high as $70.65. On average, 1932920 shares of LBTYA exchange hands on a given day and today's volume is recorded at 1707963.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.41% or $-0.125/share to $30.58. In the past year, the shares have traded as low as $26.20 and as high as $31.18. On average, 755842 shares of TRI exchange hands on a given day and today's volume is recorded at 104667.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.07% or $0.02/share to $30.64. In the past year, the shares have traded as low as $26.47 and as high as $31.22. On average, 835825 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 273677.

Virgin Media Inc. is engaged in entertainment and communications business. Shares of VMED fell by 0.67% or $-0.31/share to $45.73. In the past year, the shares have traded as low as $21.25 and as high as $46.43. On average, 5287450 shares of VMED exchange hands on a given day and today's volume is recorded at 5282782.



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