Thomson ReutersApril 17, 2013 07:00
FRANKFURT (Reuters) - U.S. cable company Liberty Global <LBTYA.O> is preparing a takeover offer for Kabel Deutschland <KD8Gn.DE>, Manager Magazin reported, sending shares in Germany's biggest cable company higher.
By preparing a bid, Liberty Global wants to steal a march on UK-based telecommunications company Vodafone <VOD.L>, which is also interested in buying Kabel Deutschland, the monthly magazine said in an excerpt of an article to be published on Friday. The excerpt did not cite sources.
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