Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Virgin Media Board Sued Over Liberty Global Sale

Virgin Media Inc.’s board and Chief Executive Officer Neil Berkett were sued by a shareholder over the company’s $16 billion sale to Liberty Global Inc.

Virgin Media, Britain’s second-largest pay-television provider, is being sold through an “unfair process and for unfair price,” shareholder Jeff Grimsley said in a complaint filed yesterday in New York State Supreme Court in Manhattan.

“Given Virgin Media’s recent strong performance as well as its future growth prospects, the consideration shareholders will receive is inadequate and undervalues the company,” according to the complaint.

John Malone’s Liberty Global, based in Englewood, Colorado, agreed to acquire New York-based Virgin Media in a cash-and-stock transaction announced this month to challenge Rupert Murdoch in Europe’s biggest pay-TV market.

Hanne Wolf, a spokeswoman for Liberty Global, didn’t immediately return a phone call seeking comment on the complaint. Virgin Media officials didn’t immediately respond to an e-mail.

The case is Grimsley v. Berkett, 650469-2013, New York State Supreme Court, New York County (Manhattan).

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.