Liberty Global continues pursuing a deal with Vodafone despite regulatory concerns and disagreements on asset values.
The stock continues trading toward multi-month lows on market weakness and the lack of merger news.
Vodafone remains attractive with solid growth catalysts and a big dividend.
The unsurprising news of the week is that Liberty Global (NASDAQ:LBTYA) is finding it difficult to work out a deal with Vodafone (NASDAQ:VOD). To most investors it shouldn't be a shock that the companies are struggling to find common ground on a deal in the midst of stricter regulatory scrutiny of related mergers in Europe. The original investment thesis surrounding this potential deal back in June questioned some of the logic supportive of a workable deal.