Correct: Virgin Media confirms discussions with Liberty Global Virgin Media (VMED) notes the recent press speculation in relation to a possible corporate transaction between Virgin Media and Liberty Global (LBTYA). Virgin Media confirms that it is in discussions with Liberty Global. Any such transaction would be subject to regulatory and other conditions. This release corrects the 5:12 release.
Liberty Global, Discovery acquires shares of Lionsgate Liberty Global (LBTYA, LBTYK) and Discovery Communications (DISCA) have each purchased 5M common shares of Lions Gate (LGF), resulting in each having an approximately 3.4% shareholding of Lionsgate's current outstanding Common Shares. The 10.0M Common Shares were acquired from funds affiliated with MHR Fund Management. Liberty Global and Discovery Communications each paid approximately $195M for their respective stake in Lionsgate representing a purchase price of approximately C$52.68 per Common Share based on current exchange rates. Liberty Global and Discovery Communications purchased the securities for investment purposes only.