Alex Degroote News
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BT Group Plc, the company once known as British Telecom and a descendant of the world’s first national telegraph operator, has seen the future: soccer, rugby and tennis.
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British Sky Broadcasting Group Plc, the U.K.’s largest pay-TV broadcaster, fell the most in almost a year after BT Group Plc unveiled sports channels to compete with the Rupert Murdoch-controlled satellite operator.
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Tom Mockridge, who led Rupert Murdoch’s U.K. newspaper unit during phone-hacking allegations, was named the head of British cable operator Virgin Media Inc., placing him in competition with his former employer.
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Havas SA, the French advertising company known for its Evian roller baby commercials, is poised to join the industry’s biggest wave of deals on record.
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EQT Partners AB is pressing ahead with plans to sell or hold an initial public offering for Springer Science & Business Media in a transaction that could value the German academic publisher at as much as 4 billion euros ($5.2 billion), said people familiar with the matter.
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Pearson Plc is in talks to combine its Penguin book-publishing unit with Bertelsmann SE’s Random House as the media companies seek to bulk up in response to a surge in providers of electronic books.
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John Malone, the chairman of Liberty Global Inc., is rapidly becoming News Corp. Chief Executive Officer Rupert Murdoch’s biggest headache in Europe as the two billionaires chase pay-television growth.
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ITV Plc, owner of the U.K.’s biggest commercial TV station, plans to pay a special dividend of 156 million pounds ($236 million) after profit rose 8.1 percent last year as it sold more content.
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Pearson Plc agreed to combine its Penguin unit with Bertelsmann SE’s Random House to create by far the largest book publisher in the U.K. and the U.S.
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Warburg Pincus LLC and Silver Lake agreed to buy Pearson Plc’s Interactive Data Corp., a provider of financial market data and services, for $3.4 billion, in the biggest private-equity deal this year.
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