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Tuesday, September 16, 2014

EU mergers and takeovers (Sept 16), (NASDAQ: DISCA), (NASDAQ: LBTYA)

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 company Liberty Global and Discovery Communications Inc to acquire UK-based All3Media, producer of hit TV shows such as "Skins" (approved Sept. 16)-- Japanese trading house Mitsui & Co. and Mitsubishi Corp. -controlled Metal One to form a joint venture to work in the trading of steel waste and scrap in Japan (approved Sept. 16)

Discovery Communications, Inc. (Discovery) is a global nonfiction media and entertainment company that provide programming across multiple distribution platforms worldwide. Shares of DISCA fell by 0.78% or $-0.31/share to $39.35. In the past year, the shares have traded as low as $36.57 and as high as $46.38. On average, 3170100 shares of DISCA exchange hands on a given day and today's volume is recorded at 5221840.

Shares of LBTYA fell by 0.43% or $-0.19/share to $43.72. In the past year, the shares have traded as low as $37.98 and as high as $46.46. On average, 3576670 shares of LBTYA exchange hands on a given day and today's volume is recorded at 3622862.



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