Billionaire Malone Says Brexit May Prompt U.S. Wave of Takeovers

Updated on
  • Liberty Media billionaire sees ‘cheap’ targets in dollar terms
  • Says Brexit gives U.S. companies scope to increase investment

John Malone.

Photographer: David Paul Morris/Bloomberg

Liberty Global Plc Chairman John Malone said sterling’s plunge could prompt a wave of takeovers by U.S. companies of their U.K. counterparts.

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