Is noon significant concerns not present in comcasts previous deal. Regarding the first component by merging its programming with Time Warner Cables Regional Sports networks and selling them in a bundle comcast will gain greater Bargaining Power against all paytv providers in all regions where Time Warner Cables Regional Sports networks are carried. It will be severe in new york and los angeles where there is an Nbc Television station and must have time warner Regional Sports network. All paytv providers and consumers in the market will be affected by this harm. Including many aca members. Comcast will have an incentive to this it vantage paytv providers that compete directly with the Cable Systems acquires. It will do this by either withholding comcast programming during negotiation and passes or demanding higher prices for its programming. However the competitive harm will not be limited to comcasts paytv rivals. Many of these paytv providers obtain programming through the National C
Charter communications has offered to buy Time Warner Cable for 132 per share. Billion. T at 61 includes 83 in cash per share at about 49 in stock. Bell,r big deal after the google has landed nesslamb. They will continue to operate under its own brand. Rose last month in china. Chart medications. Buyter has made an offer to Time Warner Cable peered joining me with details and reactions, we have alex sherman and the chairman of media more. Thank you for joining me. You broke the story, alex. Apparently Time Warner Cable has already said it is not going to be satisfied with the price they were given. We heard in the story that was telling his associates they dont except expect time warner to except that amount. I was talking to a source familiar with the situation and this person told me that 132. 50 is a starting price in the sense that if time warner will not engage, why even both . Er . Why isnt Time Warner Cable in gauging on this in order to try to negotiate a higher price . I think
Offered to buy Time Warner Cable for 132 per share valuing it at 61 billion. It includes 83 in cash per share and about 49 in stock. Another big deal after the bell, google has landed nest labs for 3. 2 billion. Nest will continue to operate under its own brand. Those are the top headlines. Charter has made an offer to buy Time Warner Cable. Joining me with details and reactions, we have alex sherman and the chairman of mediamorph, shahid khan. Thank you for joining me. You broke the story, alex. Apparently Time Warner Cable has already said they are not going to be satisfied with the price they were given. We heard in the story that john malone was telling his associates they dont expect time warner to accept that amount. I was talking to a source familiar with the situation and this person told me that 132. 5 is the starting price in the sense that if time warner will not engage, why even bother . Why isnt Time Warner Cable engaging in this in order to try to negotiate a higher price
Those instant cameras these days. We will be talking to the polaroid ceo. Welcome to Market Makers anarcho. Erik schatzker will be here with us shortly. Before we take you to mid town manhattan, we have to take you out to the newsroom with some breaking economic eta. Here is michael mckee. Hold onto your hat. We have a holy cow number out. The expectation was for a small increase, new home sales go up 18. 6 . This is in the month of may. This puts us at a 5004000 annual sales pace. Billed as a been telling us that they have been growing more confident about people coming into the market. This seems to support that view. Much of the increase in the northeast and in the south, we saw it increase all across the nation. Housing seems to be back after the big increase in existing home sales. These numbers will increase the amount of supply out there. The number of homes for sale is not changing. Consumer confidence is up. There is a chance of those things go together. From 83er goes to 85.
The mississippi runoff is being described as a fight within the gop between Establishment Republicans and the tea party. Quoting from the story the race has the feel of an alamo moment while the establishment has poured money in and outside groups raised money for mcdaniel. We will bring you the result and the Election Night speeches as they come in. First, todays hearing on the merger between at t and directv that would create a 48. 5 billion merger. The chair of the house subcommittee on antitrust law. Good morning. The hearing will come to morning. Without objection the chairs authorized to declare recess of the committee at any time. Now i recognize myself for my Opening Statement. We are hear today to examine the proposed merger between at t and directv. As i reminded witnesses during the recent comcasttime warner hearing, todays procedure will m not determine if the merger is approved but this form will allow us to discuss the potential of the motherinleme allow us to ask questio