Virgin Money to Buy Northern Rock for 747 Mln Pounds

Nov. 17 (Bloomberg) -- Billionaire Richard Branson’s Virgin Money Holdings U.K. Ltd. agreed to buy Northern Rock Plc for 747 million pounds ($1.2 billion), four years after it became the first British bank to suffer a run in more than a century. Elliott Gotkine reports on Bloomberg Television's "The Pulse." (Source: Bloomberg)