Ziggo Rejects John Malone’s Bid As ‘Inadequate’ – ValueWalk Premium

Ziggo Rejects John Malone’s Bid As ‘Inadequate’

Ziggo NV (AMS:ZIGGO) (OTCMKTS:ZIGGY) has rejected a bid from John Malone’s Liberty Global, calling it “inadequate” and saying that they aren’t sure if another, higher bid will be forthcoming, reports Amy Thomson for Bloomberg. Ziggo’s stock price went up 6.7 percent following the announcement, its biggest gain in the last six months.

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