Virgin Media Sells Out For $16 Billion

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The Virgin Media company sign sits outside their store on Oxford... News PhotoBritish Flag,Business,Cable Television,Commercial Activity,Europe,Finance,Flag,Horizontal,London - England,Mergers and Acquisitions,Oxford Street,Sitting,Store,The Media,UK,Virgin Media,WealthPhotographer Collection: Bloomberg 2013 BloombergThe Virgin Media company sign sits outside their store on Oxford Street opposite a Union Jack flag in London, U.K., on Wednesday, Feb. 6, 2013. Billionaire John Malone's Liberty Global Inc. agreed to acquire Virgin Media, Britain's second-largest pay-TV provider, in a $16 billion cash-and-stock transaction announced in the U.S. yesterday. Photographer: Chris Ratcliffe/Bloomberg via Getty Images