Subscribe
Business

EU clears $22.6bn cable operator, pay TV takeover

By jb
Published
Add Washington Examiner on Google

BRUSSELS (AP) — The European Union’s antitrust body has cleared the 17.2 billion euros ($22.6 billion) takeover of Britain’s Virgin Media by U.S. cable TV operator Liberty Global.

The European Commission, which acts as the 27-nation bloc’s competition watchdog, said Monday the acquisition will make Liberty Global Inc. the largest cable operator in Europe and form the second-largest pay TV provider in Britain.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.