Malone Challenges Murdoch in $16B Virgin Media Deal

Feb. 6 (Bloomberg) -- Bloomberg's Olivia Sterns reports that John Malone’s Liberty Global Inc. agreed to buy U.K. cable-television provider Virgin Media Inc. for $16 billion in cash and stock, setting up a challenge to Rupert Murdoch in Europe’s biggest pay-TV market. She speaks on Bloomberg Television's "The Pulse."
Why Certain Trading Strategies Are Going Haywire
02:48 - U.S. stocks posted the biggest two-day surge since 2009 as a relief rally swept across global markets and the economy grew stronger than expected in the second quarter. Bloomberg's Mike Regan and Lisa Abramowicz have more on "Bloomberg Markets." (Source: Bloomberg)
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