Liberty Global, John Malone Snap Up Cable & Wireless

By | November 16, 2015

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Another day, another deal for media and telecom industry baron John Malone. Malone’s Liberty Global (LBTYA) on Monday said it agreed to buy Cable & Wireless Communications in a cash-and-stock deal valued at $5.3 billion. Cable & Wireless sells pay-TV, Internet, landline phone and wireless services in the Caribbean, Panama, Monaco and the Seychelles. Liberty Global’s Latin American assets trade under a tracking stock with the ticker LILAK. Liberty Scalper1 News

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