Breakingviews

Ziggo has ways to put pressure on Liberty

December 12, 2013

The Dutch cable firm is in bid talks with Liberty Global, already a big shareholder. Liberty is prudent and patient, and could seek creeping control via a low offer. But synergies would suffer. And there is value in moving quickly: brilliant debt markets won’t last forever.

John Malone deploys same old tricks against Sirius

January 6, 2014

Liberty Media is offering $10 bln-plus to squeeze out the satellite radio company’s minority investors. They’d get a derisory 3 pct premium and perhaps better liquidity in return for non-voting Liberty stock with inferior prospects. Sirius shareholders should hit back.

Comcast gives deal junkies lots to watch on cable

February 13, 2014

The biggest U.S. operator has agreed to buy rival Time Warner Cable for $45 bln in stock, interrupting a hostile takeover by smaller Charter. The target got the price it wanted but not the terms. Regulatory risks are high. And all eyes will still be on the crafty John Malone.