Waking up. I am francine. We are live from the European Headquarters in london. It is monday. They have won the bidding contest for the ff are and the deal is valued at over 17 billion. Joining us is matt campbell. Is it finally over . It seems that it is over. 23 billion dollars. The new shares are the subsidiary that will be at 17 this morning. The markets like consolidation and they would like to see big money spent. This particular aspect of this transaction may be over. Cases andd be legal there is talk that we could be looking at consolidating the mobile phone sector and this is just one cork in a big machine. There is a lot going on in the telecommunications space and this is everybody reevaluating their strategy and we have seen that. Attempts soorted far. Literally, this is a stage where the company is thinking about doing big things. It is somewhat late. The next hour. Where does that leave the French Telecom market . We are going to look for some kind of mobile consolidation
The winter white house. In in addition to making calls and Holding Meetings he will give us an update on the missing sailors out in the pacific. Clearly sports are on the president s mind this morning. As you point out he is upping the ante in his twitter battle with lavar ball. Let me show you part of what the president had to say talking about the ucla dad whose son was, of course, caught stealing over in china. The president tweeting this. It wasnt the white house, it wasnt the state department, it wasnt father la vars people on the ground in china that got his son out of a longterm prison sentence. It was me all caps. He goes on to say too bad, la var is just a poor mans version of don king but without the hair. Just think, he continues, you could have spent the next five to 10 years at thanksgiving with your son in china and no nba contract to support you. Shoplifting is not a little thing. It is a big deal especially in china. Ungrateful fool. Wow. Mr. Ball not the only target of
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