Sunrise shareholders reject giant Swiss telecoms deal

Updated 23 Oct, 2019

But it cancelled the event after it became clear that a majority of shareholders who intended to vote would not support the move, according a Sunrise statement. UPC Switzerland's parent company Liberty Media is one of the world's largest communications companies. Its chairman John Malone, an American billionaire, earned the nickname "cable cowboy" due to his propensity for aggressive media deals.

Copyright Agence France-Presse, 2019

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