Oh god, it's the late 1990ies all over again... a new generation of PHB MBAs must have risen to the top.
AT&T wants Time Warner
AT&T is reportedly working on a deal to acquire media giant Time Warner. The Wall Street Journal reports that the two sides are in "advanced talks" on a tie-up that would give AT&T control of a media empire that would include the Warner Bros studio, CNN and HBO. Though the report does not list any possible terms, any possible …
COMMENTS
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Saturday 22nd October 2016 05:48 GMT pavementeater
Not sure how this merger would happen... AT&T doesn't have money for a large priced buy out or merger beyond/ greater than 50 billion. They have tons of debt and very little cash.
at&t is valued at 230 billion has about 7.5 billion in cash and over 120billion in Debt. Time Warner is valued at 68 billion + billions more to merge or buy out. God knows how much debt TW has.
Their stock is just 3 tiers above Junk stock ...
If anything happens this would have to be the two companies coming together making a deal to create some kind of new media company / joint venture and once both company make enough money for each other the other one completely then swallows up the other... Kind of like a twisted Version of what SBC did to Bell South with their Cingular Wireless joint venture.
SBC / AT&T has piss poor CEO who's only grown with the company is by buy outs and not expanding and improving anything that they have... He's doing exactly what IBM did in the late 90's and early 2000s.IBM growth was all done by buying out companies to show growth instead on investing in the core and sub companies.
Randal has done this as a CEO and he's left everything else to rot. AT&T is like an over weight animal or person who is eating everything they can get their hands on. Sure they have been growing in size but the growth is not a good healthy growth but an unhealthy one where their body / company is just going to give up on itself and die.
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