Reported as fact tonight on PBS that this deal is toast.
bp
<part15sbs{at}gmail{dot}com>
On 4/20/2015 12:06 PM, Bill Prince wrote:
Saw this statement on NBR on Friday, 4/17:
Attorneys at the Department of Justice may be close to opposing
Comcast`s $45 billion proposed acquisition of Time Warner
(NYSE:TWX) Cable.
According to a report by Bloomberg, lawyers in the antitrust
division are nearing a recommendation to block the deal because of
concerns consumers could be harmed. The review could be submitted
as soon next week.
Shares of Time Warner (NYSE:TWX) Cable fell more than 5 percent.
And Comcast (NASDAQ:CMCSA) (NYSE:CCS), the parent company of CNBC
which produces this broadcast, dropped 2 percent.
Full transcript is at
http://nbr.com/2015/04/17/transcript-nightly-business-report-april-17-2015/
Interesting because NBR is owned and operated by CNBC.
bp
<part15sbs{at}gmail{dot}com>
On 4/9/2015 5:07 PM, Tim Reichhart wrote:
Today
I had an construction rep from twc come out to my location to see
where fiber was going to be laid out at and he was telling me that
TWC/Comcast merger will happen later today and he was telling me also
that TWC mid ohio/woh/neo will be going to charter. He also said
about Indiana was that Comcast will put Indiana under spin co for
first 3 months then after that charter will be taking over since
charter is buying out bright house which uses twc network. He also
said this merger will happen later this year and also he seemed happy
that charter will be taking over TWC instead of Comcast.
�
Tim
