US billionaire snaps up Virgin Media
Virgin Media's new owner, Liberty Global, is controlled by John Malone who has been trying to seal a deal for more than a decade:
- Virgin Media was created by the merger of cable operators NTL, Telewest and Virgin Mobile in 2006
- Malone began buying up stock in Telewest and tried to acquire NTL back in 2000
- The deal marks his largest European acquisition
- Liberty Global already ranks as the largest cable operator in Europe with 18.4 million subscribers
More top news
'Jeffrey Osborne' and other cases of mistaken identity
After reports of President Obama confusing Chancellor George Osborne with a soul singer, here are some other cases of mistaken identity.
China's credit crunch could trigger huge social change
Growth is already falling below expectations in China and the government believes massive planned migration could be the answer.
Mother 'never had a chance after hospital mistakes'
Pregnant Maria De Jesus died after what her family have called a series of medical blunders after she was admitted to Queen’s Hospital.