Trump would block AT&T - Time Warner Merger

Eraserhead

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LizKat

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Time Warner is Hillary's ninth largest backer. Anything they want, she wants.

It's amazing that as this race wraps up, the Republican nominee is effectively an old style Democrat and the Democratic nominee is even further to the right than a Bush Republican. And the fake liberals want the Bush Republican.

What a time to be alive.
It has been amazing to find myself sometimes nostalgic for Bush the father. I mean I voted for Bernie so... huh? Trump's no ideological relative of any Bush pol I ever met, and Clinton's barely a Democrat. Jeb Bush sounded left of Clinton half the time. Trump sounds... unique.

But see the lean towards Clinton is from the Trump factor for a lot of independents out in the general electorate. He is way past a bridge too far. The GOP already seemed to have lost ability to field someone that Dems could find attractive enough to cross over for, and the Democrats have started fielding candidates so corporatist that this year the progressives reached out to a 75 year old Democratic Socialist. The indies look at this pair of tickets and just cringe. But they'll come down on the side of predictabilty, and that is not Donald Trump.

To me the most attractive candidate is McMullin (were it not for his ideology) and if he were actually on the ballot in all 50 states right now he'd leave Trump in the dust and might even give Clinton the scare of her life she thought Obama had already dished out back in 2008.

Spin mah haid, man. Lot of us need a clothespin on nose to get through the voting booth.
 

Snoopy4

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Have You in the last 5 years?
Several times. It's a smog disaster.
[doublepost=1477358612][/doublepost]
Thank you for that link! Assuming it's true, and most articles are (to an extent, and an extent can be from 0% to 100%), it gives even the most ribald cynic pause for thought. Good thought.
Don't get too excited. It's still a smogfest of epic proportions that will take decades to mitigate. Every time I go I come back feeling like I've been at altitude for a month, the only problem is you've been sucking on poor air vs. thin air.
 
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rdowns

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Just what we need in a President. Make comments against a merger that hadn't even been announced at the time he opened his blow hole.

And I'm shocked Trump wants to **** on the media. The media he likely will be competing with with Trump TV.
 
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ivanwi11iams

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I'm not getting into the whole political thing. However, I thought America was all about competition, and offering the public more choices, no? With that in mind, is this a good merger?
 

LizKat

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Competition is a good thing therefore buyouts must be bad.
Well this one's not a deal between direct competitors, although it might be disingenous to compare it to Comcast buying NBC (and the Justice Department might think so). Both candidates can afford to diss it, since the likelihood of it even getting to formal antitrust scrutiny is starting to look remote: the markets aren't liking the deal.

So it may just end up netting Bewkes some pocket money for the breakup fee. Bewkes was around as head of HBO when TW's Levin and AOL's Case did the worst deal in the history of M&A. At that time Bewkes hated the idea, even said so on the record, so it's more than possible in watching the implementation disaster that followed, he learned something about all those buzzwords like "synergy" and what's the other one, yeah, "convergence". After all, he did end up in the CEO's chair.

Who knows, Bewkes may actually just be shopping for a better buyer. Poor Stephenson, up there with Bewkes and the two of them talking on cable TV about how the breakup fee's not the issue. They're right, it's not. But it's lunch money all the same. Jeff the master of ambiguity in answering a question on his tenure after the deal (if he leaves it's another 117M in pocket):

Bewkes responded “I’ll be staying, and after we close this deal, we’ll have a deep bench of management, that’s who’s going to be staying.”
Wall Street just ain't buyin' it so far, for a lot of reasons including ATT's debt and a possible credit rating downgrade, plus all those ghosts of the last time out this box.


Steve Case plays true to form though, going on record to Recode in a letter that praises this new deal he's not involved in (using both the "synergy" and "convergence" terms, of course) while absolving himself entirely of blame for what went wrong on the last occasion when Time Warner sold itself down the river.

Now if Trump forms a cable TV outfit with Breitbart :eek: after losing this election, we'll probably hear after its collapse that Hillary rigged Trump's yuuuuuuuuuge biz failure with giant donor Time Warner, regardless of whether the purchase by ATT was successful. :rolleyes:
 
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samcraig

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Trump's "horse" in this race is that if he wants to create Trump TV - if this goes through, he might have significantly less audience if they chose not to carry it.
 
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