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Liberty Global Makes ITV Investment

DENVER/LONDON: Liberty Global has picked up a 6.4-percent stake in the U.K.'s leading commercial broadcasting group, ITV, for £481 million ($822 million). The company today announced the acquisition of 259.8 million shares in the group. Mike Fries, Liberty Global's CEO, said of the deal: “This is an opportunistic and attractive investment for us in our …

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