The deal would put the US media firm in direct competition with BskyB.Liberty Global, the US cable group owned by John Malone, is set to bid for the UK’s second-largest pay television operator Virgin Media with an enterprise value of more than $20bn. A successful bid could give Liberty Global savings across its network in countries like the Netherlands, Germany, Switzerland and Chile if it includes the purchase of set-top boxes and other technology. In addition, purchasing Virgin Media would put Liberty Global in direct competition with British Sky Broadcasting Group (BSkyB), which is ... Read More