Virgin Media Sells Out For $16 Billion

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Pedestrians walk past the Virgin Media store on Oxford Street in... News PhotoCable Television,Commercial Activity,Europe,Finance,Horizontal,London - England,Merger,Oxford Street,Pedestrian,Shop,The Media,UK,Virgin Media,Walking,WealthPhotographer Collection: Bloomberg 2013 BloombergPedestrians walk past the Virgin Media store on Oxford Street in London, U.K., on Wednesday, Feb. 6, 2013. Billionaire John Malone's Liberty Global Inc. agreed to acquire Virgin Media, Britain's second-largest pay-TV provider, in a $16 billion cash-and-stock transaction announced in the U.S. yesterday. Photographer: Chris Ratcliffe/Bloomberg via Getty Images