(Reuters) - Virgin Media's Nasdaq-listed shares surged almost 20 percent to $28.88, giving the group a market capitalization of $9.4 billion. Analysts said an offer could be pitched between $30 and $35 per share and draw other bidders into an auction.
Virgin Media said in a statement it had already started a review of its strategic options, including a sale of the group, and the proposal would be considered as part of that process.
Read more at Reuters.com Business News
Virgin Media said in a statement it had already started a review of its strategic options, including a sale of the group, and the proposal would be considered as part of that process.
Read more at Reuters.com Business News
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