Virgin Media Inc. Shareholder Alert: Bernstein Liebhard LLP
Announces Investigation of Acquisition by Liberty Global, Inc.
NEW YORK, Feb. 6, 2013 /PRNewswire/ -- Bernstein
Liebhard LLP is investigating whether the Board of Directors of
Virgin Media Inc. ("Virgin Media" or the "Company") (NASDAQ: VMED;
LSE: VMED) breached its fiduciary duty to its shareholders in
agreeing to sell Virgin Media to Liberty Global, Inc. ("Liberty
Global")(NASDAQ: LBTYA, LBTYB and LBTYK).
(Logo: http://photos.prnewswire.com/prnh/20120202/MM47134LOGO
)
Under the terms of the agreement, Virgin Media shareholders will
receive $17.50 in cash, 0.2582
Liberty Global Series A shares and 0.1928 Liberty Global Series C
shares for each share they own. The investigation is focused
on the potential unfairness of the price to Virgin Media
shareholders and the process by which the Virgin Media Board of
Directors considered and approved the transaction.
If you are interested in discussing your rights as a Virgin
Media stockholder, with no obligation or cost to you, please
contact U. Seth Ottensoser at:
(877) 779-1414
or
Ottensoser@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs'
Hot List" in each of the last ten years.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The
law firm responsible for this advertisement is Bernstein Liebhard
LLP, 10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for
this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
SOURCE Bernstein Liebhard LLP