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."