Thread: VM General News Thread
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Old 01-04-2017, 16:02   #170
1andrew1
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Re: John Malone/Liberty/VM General News Thread
The Times is today talking up an LGI-ITV deal.
Quote:
Speculation swirled around ITV again yesterday after a series of complex transactions involving Goldman Sachs and Liberty Global sent its shares sharply higher in the final minutes of trading...
On Wednesday, Liberty Global disclosed that it had loaned out nearly 400 million shares, but at the same time it had acquired an interest in an equal number of shares. It is understood that Liberty Global, which has been named as a potential buyer of ITV, has loaned some shares to Goldman Sachs as part of a financing of its position. It has the right to recall them at any time.
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