Any speculation as to what impact this could have on D* subscribers?
NEW YORK (Reuters) - Liberty Media Corp said on Tuesday it would like to merge satellite TV operator DirecTV Group with Liberty Entertainment if the terms are suitable to its shareholders.
Liberty Media said last week it will spin off its nearly 50 percent stake in DirecTV and other assets into a publicly traded Liberty Entertainment under the LMDIA ticker.
"We would ultimately like to have one company, a DirecTV merged with LMDIA," said Liberty Media Chief Executive Greg Maffei, speaking at a Merrill Lynch investor conference.
It shouldn't John Malone has always been talking he wants to consolidate DirecTV and consolidation makes companies easier to sell.:sure:paulman182 said:The part about "selling to a third party" raises eyebrows.
BINGO!Jhon69 said:It shouldn't John Malone has always been talking he wants to consolidate DirecTV and consolidation makes companies easier to sell.:sure:
" 'Malone may try to exploit his large position in DirecTV to float a takeover bid that offers shareholders in the satellite provider only a small premium,' said Sanford C. Bernstein & Co. analyst Craig Moffett in New York.Ed Campbell said:Yup. Scuttlebutt.
That is because it is speculation. There are any number of credible reasons for this move. The AT&T idea is simply one of them.Ed Campbell said:The Bloomberg link doesn't mention AT&T at all...