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Liberty Global CEO Buys $3 Million in Stock

Liberty Global (LBTYA) Chief Executive and Vice Chairman Mike Fries bought $2.9 million in shares of the TV and broadband company. Fries disclosed in a regulatory filing that he bought 100,000 class A shares of Liberty Global for an average of $28.91 each for his personal account. The purchase is the CEO's first since Liberty Global’s operations in Latin America and the Caribbean spun off in December as Liberty Latin America (LILA).