Virgin Media Sells Out For $16 Billion

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A tube train passes a sign promoting Virgin Media's WiFi service on... News PhotoCable Television,Commercial Activity,Corporate Business,Europe,Finance,Horizontal,London - England,Mergers and Acquisitions,Station,The Media,Train - Vehicle,UK,Virgin Media,Wealth,Wireless TechnologyPhotographer Collection: Bloomberg 2013 BloombergA tube train passes a sign promoting Virgin Media's WiFi service on London's Underground network at Liverpool Street station 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