Liberty Global Completes Acquisition of Virgin Media

Posted on by

DENVER--(BUSINESS WIRE)--

Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that, following shareholder approvals, regulatory approvals and other customary closing conditions, it has completed the previously announced acquisition of Virgin Media Inc. (Virgin Media) (NASDAQ: VMED; LSE: VMED) in a stock and cash merger valued at approximately $24 billion.

Mike Fries, President and CEO of Liberty Global, said, This is a great day for customers, employees and shareholders of both Liberty Global and Virgin Media. Together we now provide over 47 million video, voice and broadband services to 25 million customers located principally in 12 European countries. With superior network capacity, the fastest broadband speeds and innovative digital TV platforms, we've never been more excited about the growth potential and strategic direction of our business. Virgin Media will continue to thrive under the leadership of Tom Mockridge who starts as CEO today, with the support of a fantastic management team which includes both Liberty Global and Virgin Media executives.

Tom Mockridge, CEO of Virgin Media, said, Virgin Media has become one of the UKs most powerful media brands thanks to both the loyalty of its customers and the energy of its employees. I am fortunate to be joining the company at this important inflection point in its development, and look forward to working closely with Mike and the broader Liberty Global team to deliver cutting-edge products and services that excite and inspire our customers.

As a result of the closing, Liberty Global, a public limited company organized under the laws of England, has become the new public parent company of Liberty Global, Inc. and Virgin Media. Liberty Globals Class A, Class B and Class C ordinary shares will begin trading on the NASDAQ Global Select Market on June 10, 2013 under the same symbols: LBTYA, LBTYB and LBTYK. The shares of both Liberty Global, Inc. and Virgin Media will cease trading at market close on June 7, 2013 and will be deregistered under securities laws. The listing of Virgin Medias common stock on the Official List and the admission of those shares to trading on the Main Market of the London Stock Exchange will be cancelled with effect from 8:00 A.M. London time on June 10, 2013.

About Liberty Global

Liberty Global is the largest international cable company with operations in 14 countries. We connect people to the digital world and enable them to discover and experience its endless possibilities. Our market-leading triple-play services are provided through next-generation networks and innovative technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband internet and telephony services.

Liberty Globals consumer brands include Virgin Media, UPC, Unitymedia, Kabel BW, Telenet and VTR. Our operations also include Chellomedia, our content division, Liberty Global Business Services, a commercial division and Liberty Global Ventures, our investment fund.

For more information, please visit http://www.libertyglobal.com.

See the original post:

Liberty Global Completes Acquisition of Virgin Media

Is it time to cut back on wasteful food stamp programs? – Libertarian v. Socialist – Video

Posted on by


Is it time to cut back on wasteful food stamp programs? - Libertarian v. Socialist
Thom Hartmann invited Austin Petersen back on The Big Picture to debate over whether it is time to cut back on food stamp programs.

By: Austin Petersen

Read more from the original source:

Is it time to cut back on wasteful food stamp programs? - Libertarian v. Socialist - Video

IRS Tax Scandal: Targeting of Conservative and Libertarian groups: Truth Revolt Ep 9 – Video

Posted on by


IRS Tax Scandal: Targeting of Conservative and Libertarian groups: Truth Revolt Ep 9
IRS Tax Scandal: Targeting of Conservative and Libertarian groups: Truth Revolt Ep 9 The IRS Tax Scandal that involved Acting commissioner of the IRS Steven ...

By: Atlas Nearyon

Read the original post:

IRS Tax Scandal: Targeting of Conservative and Libertarian groups: Truth Revolt Ep 9 - Video

Alex Hammond: Libertarian's Leger

Posted on by

St Leger. Click here to bet.

Last weekend we enjoyed the Derby at Epsom and there were certainly a few fingers burnt with the poor show from Dawn Approach. Who knows what caused him to run so keenly, but it was a total disaster from the point of view of his connections and let's hope it hasn't left its mark.

Certainly the slow early pace contributed to him unravelling so spectacularly, but for a horse who is normally so relaxed he blew it big time. The good news is if you read the blog last week, hopefully you will have backed Libertarian each way. I really fancied him to run a big race and with the news that he had galloped the 'wrong' way round Middleham's High Moor gallops I was even more confident of a bold show.

If he had been trained by any of the so called leading players he would have been a much shorter price and I was amazed the Dante winner returned at such a generous SP. He now looks like being supplemented for the Irish Derby where he could meet the winner, Ruler of the World, again. I'd be more interested to see him take the same horse on again in the St Leger though.

He is currently 5/1 second favourite behind Ruler of the World at 4s and over the extra couple of furlongs on a more conventional track I'd fancy him to reverse the placings.

Back Libertarian for the St Leger with Sky Bet

Onto this weekend now and things are much more low key as we build up to Royal Ascot in a couple of weeks. There's a decent card at Leopardstown on Friday night though with the feature race the Listed Saval Beg Stakes over 1m 6f. Aidan and Joseph O'Brien team up with one of the leading contenders, El Salvador, who like the Derby winner last weekend will wear cheekpieces, although in this horse's case not for the first time.

He has to put a disappointing run in the Vintage Crop Stakes behind him when he was beaten favourite and it will also be the first time he has encountered fast ground on turf, although he has won twice on the polytrack at Dundalk. He has a habit of sweating up badly before a race, but he has done than a couple of times and it doesn't seem to stop him.

Dermot Weld had Rite of Passage entered in the race, but he goes straight for the Ascot Gold Cup now in order to avoid a run on fast ground. Weld does have a chance of winning the race though with the filly Pale Mimosa. She hasn't run since October, but the trip should suit and the ground shouldn't be a problem either.

This will only be her fifth start and there could be much more to come from her. To date she has won two of her four starts including the Listed Galtres Stakes at York over a mile and a half. She's an exciting prospect and I hope she can win this en-route to better things.

View original post here:

Alex Hammond: Libertarian's Leger

Nevada Libertarian Party urges governor to veto gun bill

Posted on by

The Libertarian Party of Nevada calls upon Governor Brian Sandoval to VETO Senate Bill 221 as a violation of the Second and Fifth Amendment Rights of Nevada citizens.

This bill is an attack on the constitutional rights of Nevada citizens and sets a dangerous precedent for our nation. It requires universal background checks for the transfer of firearms to be conducted by a gun dealer and unreasonably violates the Second Amendment rights of Nevada citizens. We concur with the Nevada Sheriffs and Chiefs Association and the Nevada Firearms Coalition that this bill will not keep firearms out of the hands of dangerous criminals.

The Libertarian Party of Nevada further points out that SB 221 mandates that if one is hospitalized for a mental health issue, one automatically becomes a prohibited possessor of firearms without due process of law (court hearing and adjudication). This includes voluntary commitments, and is an unreasonable requirement and contrary to the Fifth Amendment to the U.S. Constitution. This provision, allowing for the loss of Second Amendment rights due to a voluntary commitment, will discourage people needing help from seeking mental health treatment, as such treatment could severely restrict their constitutional freedoms.

The Libertarian Party of Nevada strongly urges all Nevada citizens to contact the Governors office at 775-684-5670 and select option 2 when prompted to express your opposition to SB 221 as an infringement of the constitutional rights of all Nevada citizens. For more information contact the Libertarian Party of Nevada by phone at 702-382-1776 or by email at info@LPNevada.org.

Here is the original post:

Nevada Libertarian Party urges governor to veto gun bill

The Voids Wrath Ep. 27 – To the Uvite Islands! (Minecraft Mod Pack) – Video

Posted on by


The Voids Wrath Ep. 27 - To the Uvite Islands! (Minecraft Mod Pack)
Hey Ballers, if you enjoyed this video please remember to leave a like! Thanks! Looking for a Minecraft server? Check out KBG Servers at http://www.kbgservers.com/tbone TBone105, CandymanTGFB,...

By: TBone105Presents

See the original post here:

The Voids Wrath Ep. 27 - To the Uvite Islands! (Minecraft Mod Pack) - Video