Sammer
join:2005-12-22
Canonsburg, PA | Comcast is going after 30% market cap Comcast really wants to get rid of the 30% market cap and I wonder if Charter's bankruptcy has increased the urgency of that. Of course if Comcast really wanted to strengthen their argument they would give up the terrestrial loophole for good. |
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| Charter Bites The other thing you have to remember about this chapter 11 for charter is that it only removes about 8 billion dollars in debt. They are 21 billion in debt currently.
Even if they get the 8 billion removed they are still 13 billion dollars in debt with interest payments higher than a cats back.
There is no way charter wil ever get out of this debt mess they are in. They are so far behind they might as well just go ahead and start selling off areas and offering them to comcast and others. |
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