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LGI considers Chellomedia bids

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Cable MSO Liberty Global International is assessing its first-round bids for pay-TV unit Chellomedia, reports the FT, suggesting that second-round winning bids are likely to value the operation at around $1 billion. It is understood that bids have been received from media companies and private equity companies, including Scripps Networks Interactive, Turner Broadcasting System and Discovery Communications. LGI decided to [...]

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