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Merger Speculation Increases For Both Dish And Charter Following Losses (CHTR, DISH)
Wednesday, August 7, 2013 - 1:06pm | 581Nothing ramps up merger speculation faster than a poor quarter. Dish Network (NYSE: DISH) and Charter Communications (NASDAQ: CHTR) both reported second-quarter losses Tuesday which Bloomberg said resulted in renewed Wall Street chatter about possible mergers in both companies’ futures. In both...
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Malone Wants Charter to Acquire Time Warner Cable (TWC)
Friday, June 28, 2013 - 10:10am | 562Liberty Media(NASDAQ: LMCA) billionaire Chairman John Malone is back at the drawing board – looking for ways in which Charter Communications (NASDAQ: CHTR) could acquire Time Warner Cable (NYSE: TWC), according to Bloomberg. Liberty has a 27 percent stake in Charter. This, despite the fact...
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Citigroup Downgrades Liberty Media To Hold, Lowers PT To $18
Monday, June 20, 2011 - 6:04am | 48Citigroup has downgraded Liberty Media Corporation (NASDAQ: LCAPA) from Buy to Hold and has lowered the price target from $22 to $18, in favor of Time Warner (NYSE: TWX) as Citigroup's Most Preferred Stock.
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Citi Reports On Liberty Plans For Barnes & Noble
Friday, May 20, 2011 - 9:13am | 87According to Citi, Liberty Capital (NASDAQ: LCAPA) announced its intention to acquire Barnes and Noble (BKS) for $17 per share (20% premium to 5/19/11 share price of ~$14), or about $1 billion in an all cash-transaction. Citi said that Liberty intends to finance $500 million of the acquisition...
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MGM Seeks "Prepackaged" Bankruptcy
Friday, January 22, 2010 - 10:00am | 163Although Metro-Goldwyn-Mayer has received takeover bids from several investors, the company may have to arrange a "prepackaged" bankruptcy in order to appease its creditors. MGM is currently owned by a group of investors including Sony (NYSE: SNE), Comcast and Providence Equity Partners. The film...