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Stock Market & Financial Investment News

News Breaks
June 13, 2014
08:17 EDTDISCA, LBTYADiscovery, Liberty Global seek to buy Formula One stake, Bloomberg says
Liberty Global (BLTYA) and Discovery Communications (DISCA) are in ongoing talks to buy a 49% stake in the Formula One auto-racing series from owners CVC Capital and Lehman Brothers, said Bloomberg, citing people with knowledge of the matter. The report said the companies are seeking to pay about $4B for the stake, but the owners are looking for about $500M more. Reference Link
News For DISCA;LBTYA From The Last 14 Days
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July 6, 2015
07:11 EDTLBTYALiberty Global buys TV3 in deal worth up to $96M, Variety reports
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June 29, 2015
08:45 EDTDISCADiscovery CEO says convinced company can be cash flow positive on Olympic pact
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08:40 EDTDISCADiscovery awarded all TV, multiplatform rights in Europe for 2018-2024 Olympics
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June 24, 2015
06:55 EDTLBTYALiberty Global in talks to acquire TV3, Financial Times reports
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06:12 EDTLBTYALiberty Global to focus on growing in existing European markets, Reuters says
Liberty Global (LBTYA) CEO Michael Fries told Germany's Handelsblatt that the company plans to focus on growing in its existing markets in Europe, Reuters reports, and that markets where the company is not active "do not interest us." Though Fries did not comment on talks with Vodafone (VOD), he said Liberty does not need to buy other companies to grow in the markets where it already operates. Reference Link

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