Monday, July 23, 2007

Virgin Media asks suitors for first bids: sources

(Reuters) - Private equity firm Carlyle Group was behind the initial offer, sources familiar with the situation said at the time. Virgin Media's market capitalization is $9.1 billion and it has another $12 billion of long-term debt.




Since then about 10 other suitors have expressed an interest, some of whom are likely to team up with each other.


Read more at Reuters.com Mergers News

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