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Monday, April 15, 2013

EU mergers and takeovers (April 15), (NASDAQ: LBTYA), (NASDAQ: VMED)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- U.S. cable group Liberty Global to acquire British peer Virgin Media (approved April 15)-- Dutch dairy company FrieslandCampina to purchase Dutch cheese wholesalers Zijerveld & Veldhuyzen B.V. and Den Hollander B.V. (approved April 12)

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 1.71% or $-1.29/share to $74.25. In the past year, the shares have traded as low as $44.87 and as high as $75.86. On average, 3108960 shares of LBTYA exchange hands on a given day and today's volume is recorded at 324290.

Virgin Media Inc. is engaged in entertainment and communications business. Shares of VMED fell by 1.14% or $-0.57/share to $49.60. In the past year, the shares have traded as low as $21.25 and as high as $50.29. On average, 8339670 shares of VMED exchange hands on a given day and today's volume is recorded at 669051.



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