Bernstein Believes Kabel Deutschland Counterbid from Liberty Global Might Not Succeed
June 24, 2013 at 11:56 AM EDT
An analyst from Bernstein issued a note Monday morning suggesting a counter offer from Liberty Global (NASDAQ: LBTYA ) for Kabel Deutschland is unlikely given conflicts related to the matching rights granted to Vodafone (NYSE: VOD ). The Bernstein analyst called expectations out of Vodafone for €3 billion in