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Technology Stocks : AUTOHOME, Inc
ATHM 23.45-0.2%10:35 AM EST
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To: ahhaha who wrote (8493)4/23/1999 12:23:00 PM
From: GraceZ  Read Replies (2) of 29970
 
When Armstrong spoke on CNBC last night he alluded to the fact that they were willing to divest themselves of any assets that UMG had that would stand in the way of their buyout of UMG.

An RR-ATHM merger is not in anyone's best interest. You need competitors
in order to have a separate and distinct market with all its advantages.

Perhaps this is what he was alluding to, when asked about about regulatory hurtles. The interview was over the phone, but from the tone of his voice, you could almost see him smiling. Sort of like, "we know we can handle these feds, we wouldn't be doing this if we weren't confidant that we could."
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