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Re: ATandTs blockbuster $85.4 billion takeover of Time Warner was approved

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 13 Jun 18 1:31 PM | 54 view(s)
Boardmark this board | The Trust Matrix 		Msg. 25626 of 54959
(This msg. is a reply to 25618 by clo)
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I am with you on Trump's habit of losing everything involving the law and/or his judgement.

But...

I prefer a competitive playing field at the top, and often these sorts of mergers are antithetical to that.

Reasons include: CEOs with shrinking (or not rapidly increasing) domains seeking to capture more territory so that their performance is concealed and their remuneration increases; higher rents on consumers once the competition is removed.

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The above is a reply to the following message:
AT&T’s blockbuster $85.4 billion takeover of Time Warner was approved
By: clo in ALEA
Wed, 13 Jun 18 2:42 AM 		Msg. 25618 of 54959

Trump loses again! Yea!

AT&T’s blockbuster $85.4 billion takeover of Time Warner was approved by a judge who ruled against the Justice Dept. A wave of mergers may follow.
Tuesday, June 12, 2018 4:46 PM EST

A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to block the $85.4 billion deal, in a decision that is expected to unleash a wave of takeovers in corporate America.

The merger would create a media and telecommunications powerhouse, reshaping the landscape of those industries.

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NYTimes

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