Malone Merger Creates World Broadband Giant

Summary


MEDIA mogul John Malone is consolidating his media empire by merging Liberty Media group with its affiliate UnitedGlobalCom (UGC) into one business called Liberty Global.

The move will make the combined group one of the world's largest broadband operators, serving more than 14 million people in 17 countries.

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Extract


Malone Merger Creates World Broadband Giant

Under the deal, Liberty Media International and UGC will become whol ly- owned subsidiaries of Liberty Globa...

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