U.S.-listed cable firm Liberty Global has increased its stake in Dutch rival Ziggo to 15 percent from 12.65 percent previously, a regulatory filing at Dutch financial market regulator AFM showed on Tuesday. Liberty last month bought Ziggo shares, saying the acquisition, in a sector in which it is already involved, was attractive given the stock's dividend yield of about 7.4 percent.
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 0.43% or $-0.32/share to $73.29. In the past year, the shares have traded as low as $44.87 and as high as $75.86. On average, 3177480 shares of LBTYA exchange hands on a given day and today's volume is recorded at 1524608.
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