Germany May Block Liberty Media Deal
Associated Press
Liberty Media’s plan to become Germany’s dominant cable-TV operator hit a new hurdle when regulators warned they may prevent the U.S. company from acquiring “last-mile” connections held by German operator TeleColumbus.
Liberty Media wants to purchase the network from Deutsche Bank to complement a $4.9-billion deal in which it would buy six regional cable-TV networks from debt-laden Deutsche Telekom, the former German phone monopoly.
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