First 909er Du Jour ... (TCB Thangyou,Thangyouverramuch).....
Comcast (CMCSK) the 4th largest cable provider will acquire Media One Group (UMG) the 3rd largest cable provider for a 32% premium.
UMG is, has been for a long time, like, Mine All Mine!!! Now it's Riding On The One After 909; Squared To Boot! As Airtouch gets blasted off the rail, Media One Group stays whistling and sitting pretty; waiting to morph into mega-COMCAST !!!
So CMCSK shares should dip a bit, as acquirers pps usually does, will need more to round up the block now, add it to the Shopping List.
It was mentioned in a GNET Board post that this just maybe could effect the premium offered for the shares. It might, It might.
Happy Trails To You,
Joan |
