Thursday, April 23, 2015

Will Comcast Drop Time Warner Cable Acquisition Plans?

Bloomberg is reporting that Comcast will give up on their efforts to acquire Time Warner Cable.  According to their report, Comcast is deciding today and could make their decision public by Friday.  Given all the time and money put into this huge deal, it is somewhat hard to believe that Comcast wouldn't continue to fight for its approval to the very end. 

Whether it is because they either see it as throwing more money at a losing fight or that they expect the conciliation that they would have to make to be too great.  Spinning off too many more systems to bring the penetration levels down to more acceptable levels for the FCC and DOJ or selling off assets like NBCUniversal may simply be unacceptable solutions.  It may simply be that Comcast is taking a page out of Sun Tzu and the Art of War, "If fighting is sure to result in victory, than you must fight, even though the ruler forbid it; if fighting will not result in victory, then you must not fight even at the ruler's bidding."  We will find out if this story is true pretty soon.  Stay tuned.

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