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Liberty to Buy D.Telekom Cable Assets |
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Liberty Media Corp said on Tuesday it has agreed to purchase six cable television companies and other assets from German telecoms and technology giant Deutsche Telekom AG for $5.01 billion. The company said it would acquire a 100 percent ownership interest in Deutsche Telekom's Level 4 operator, DeTeKS, as well as Media Services GmbH, a technology service provider. The deal also includes the six cable companies. Liberty Media said it would pay a combination of cash, stock and a senior secured note for the assets.
[Source: http://news.findlaw.com/
Distribution: http://www.tkr-newsletter.de/]
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