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Comcast Reportedly Plans To Drop Time-Warner Cable Deal 'As Soon As Friday'
Following the FCC joining the DoJ in the government's blowback against the merger, Bloomberg reports:
- *COMCAST SAID TO PLAN ANNOUNCEMENT AS SOON AS FRIDAY
- *COMCAST SAID TO PLAN FINAL DECISION ON TIME WARNER TODAY
Comcast stock initially jumped and Time-Warner tumbled... but both are now higher!!
As Bloomberg reports,
Comcast Corp. is planning to walk away from its proposed takeover of Time Warner Cable Inc., people with knowledge of the matter said, after regulators decided that the deal wouldn’t help consumers, making approval unlikely.
A formal annoucement on the deal’s fate may come as soon as Friday, said one of the people, who asked not to be named discussing private information.
This week, U.S. Federal Communications Commission staff joined lawyers at the Justice Department in opposing the planned $45.2 billion transaction.
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Thank Goodness.
I am happy that Comcast won't be able to screw up my Time Warner service.
I'm glad Time Warner won't be able to slow down my Comcast service.
"You got your chocolate in my peanut butter! You got your peanut butter in my chocolate! Mmmm. It's delicious!"
Small victories...
In this environment I'll take any I can get. In no way am I supportive of either Team Red/Blue, but at least the Democrat base was able to get the elected shitheads to honor a part of their platform I agree with. ComWarner would have been epically terrible...
If both stocks jumped on the no deal news, guess the deal weren't so good, what?
Whoda thunk
But there were SYNERGIES that would have taken time to realize. A lot of time. Like right up until Wall St. earned another set of fees for busting them apart again to "unlock shareholder value".
Ah, you bring back memories of the greatest ever Wall Street Meal Ticket, the breakup of Ma Bell, resultant Baby Bells, Regional mergers and acquisitions, cable, wireless, etc.
It's been fuck all nothing but Gravy for Wall Street, Jackpots for CEOs and same shitty service at ever increasingly higher prices for the consumer.
Booyah! Go fuck yourself, Cramer.
Both are subsidiaries of the NSA, itself a subsidiary of Zion, anyways.
Liberty is a demand. Tyranny is submission.
how about some Trews?
https://www.youtube.com/watch?v=A1ngJnB4Tn8
Obviously they didn't give enough money to the Clinton foundation.
Or the Obama Foundation.
http://www.barackobamafoundation.org/
Thanks. You just ruined my afternoon. Not that it's surprising, but knowing he's not going to be gone even after he leaves office is just depressing to think about.
Shows he can't wait until after leaving office to collect his tips. Big Money has no loyalty, not even to their #1 sock puppet.
Aaaaaarrrraraagggh!
Learning from the clintons get rich quick scheme...
Off topic:
Zionist puppet, Senator, Graham of SC:
Liberty is a demand. Tyranny is submission.
"Is that Zion in your pocket, or did you just withdraw a lot of cash for some reason?"
He was joking.
(No, he wasn't)
Brian Roberts = Crypto Jew of the Century Finalist!
Lindey Graham is a cocksuker, literally, not that there is anything wrong with that.
I live in S.C. and these dumb shits keep voting the lying asshole back in. Stupid is as stupid does.
"I live in S.C. and these dumb shits keep voting the lying asshole back in."
With respect, but how do we know that the SC sheeple have been "voting" for him? Especially after all that we have learned about how power operates over last few years.
I would say that the real ignorance is just going to the polls to be inventoried.
Liberty is a demand. Tyranny is submission.
Sheeple Census 2016
Be Counted, So We Know Where You Are.
''“Rev. Billy Graham openly voiced a belief that Jews control the American media, calling it a "stranglehold" during a 1972 conversation with President Richard Nixon, according to a tape of the Oval Office meeting released Thursday by the National Archives.
"This stranglehold has got to be broken or the country's going down the drain," the nation's best-known preacher declared as he agreed with a stream of bigoted Nixon comments about Jews and their perceived influence in American life.''
http://www.jewishmag.com/167mag/kissinger-nixon-war-watergate/kissinger-...
These are two of the most hated companies in America. Combining forces, they could become the most hated company of all time. Why would anyone want to deny them this glory?
Could always make it a 4 way with Monsanto and Goldman, renaming the fucker "Satan Industries"
any entity stupid enough to buy cnbc shouldn't be allowed to breed
Why do people in the States decide their vote based on the candidates religion? How about hooking up all candidates to lie detecting machines at all times and vote for the guy who can actually tell the truth at some point during an election campaign.
Does this mean the Sheeplez in southern california will be able to watch their circus performances again... ah..I mean dodgers baseball...
I'll believe it after the markets close on Friday.
Arthur Anderson to the white courtesy phone....Arthur Anderson to the white courtesy phone.
I hate to kick them while they're down but I'm cancelling my Time Warner cable
AOL - TW DEAL was the end of the cycle last time - Roberts avoided a bullet - can buy it much cheaper in 36 months