AT&T does not make offers unless its lawyers are extremely confident the FEDs will let it go. T+UMG will happen unless someone bids higher. CMCSK is out for UMG. They will have to shop elsewhere, maybe here.
People, cable companies are being snapped up like hotcakes. Cox just offered 1.4 bil for Media General's cable systems, just 260,000 customers. That turns out to be about $6000/subscriber. At this rate, the 3.5 mil CVC subscribers should be worth about 20bil. The market cap of all of CVC (other assets included) is about 10 bil
were down almost ONE BILLION DOLLARS today!!! (9+ points x 108mm.shares outstanding) I'm long 500 shares and looking for an opportunity to Buy , not sell. (long at 49, so I have some leeway,although I'd rather not go there!!!)