Tag Archives for " AT&T "

AT&T spins out Warner Media – focus on the pipes rather than the sewage!

I’ll say this for new CEO, John Stankey, he’s got balls to spin off the $100bn Warner Media business his predecessor had bought only back in mid 2018. Presumably given John had managed the business briefly ahead of being elevated to COO and then to CEO, he either didn’t like what he saw, or saw […]

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AT&T confirms $107.5 agreed offer for Time Warner Inc – GrowthRater NPV of $102 ps incl 50:50 completion assumption

The initial flurry of newswire headlines (*1. see end of article) seemed to focus on the offer price of $107.50 per Time Warner share, with the narrative that AT&T was overpaying. I disagree. The bid is sensibly pitched. The issue markets should be focusing on instead, is whether the bid will ever reach completion in […]

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