A merger is hard to pull off under any circumstances. It's harder when everybody is against you.
Sentiment: NEGATIVE
Every single time you make a merger, somebody is losing his identity. And saying something different is just rubbish.
You can't not approve a merger because you don't like the companies' politics. That's just not right.
Typical mergers happen when there are two competitors coming together, and they reduce overhead.
The merger mania which goes on and on and on is the sign of the disappearance of competition. As we deregulate, the mergers increase, which means there's less and less competition. At the national level, at the regional level, but also at the international level.
I've been through a couple of mergers - they're not that fun. And it's easy to lose your focus on this grandiose mission you established for yourself as an independent company.
Mergers generate substantial synergies.
Well, you would have to say what is the criteria to determine the success of any merger? It would have to be that the companies are stronger financially, that they took market share, and they are on a very steady footing in terms of their performance.
This is certainly not the first case in which a merger approved in one place hasn't gone through in the other. There was a case last year where the merger between two EU companies was approved here and blocked in the U.S.
Charter's merger sales pitch is pretty straightforward: it argues that it has always been too small to bully Internet companies, TV makers, and its own customers, so it has'un-cable' practices they hope to extend.
Reasonable mergers generate substantial synergies, so that provides for earnings and cash-flow growth even if it doesn't provide for revenue growth, and I think that's a big driver.
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