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FCC calls timeout on Comcast-Time Warner Cable merger
2014-10-24 02:39:18| Telecom - Topix.net
Those waiting for a Comcast-Time Warner Cable merger -- and possibly improved cable service in cities like New York City and Los Angeles -- are going to have to hold out a bit longer. Government regulators at the Federal Communications Commission have paused the unofficial 180-day clock on the review of the proposed deal between the two cable giants.
Tags: cable
calls
warner
merger
Macedonia operators Vip, One agree merger
2014-10-22 15:50:00| Telecompaper Headlines
(Telecompaper) Telekom Austria Group and Telekom Slovenije Group have agreed to merge their subsidiaries Vip Operator and One, both operating in the Republic of Macedonia. Telekom Austria Group will hold 55 percent and have sole control over the newly created entity, whereas Telekom Slovenije will hold 45 percent. The agreement also includes call and put options for the exit of Telekom Slovenije from the joint venture within three years from closing of the merger. The transaction is subject to due diligence of One, expected to be finalised by mid-November, when further information will be provided. Regulatory clearance and closing of the deal is expected for Q1 2015.
Tags: agree
vip
operators
macedonia
Telekom Austria, Telekom Slovenije in Macedonia mobile merger
2014-10-22 02:00:00| Total Telecom industry news
Proposed tie-up will create country's largest mobile operator with a market share of 51.7%.
Tags: mobile
austria
macedonia
telekom
Advance Auto: Are Merger Synergies Set To Kick In?
2014-10-22 01:56:28| Auto Parts - Topix.net
These stocks often excel when the economy is weak and consumers are under pressure. At such times, owners coddle their aging cars rather than spend to buy new vehicles.
AbbVie to pay Shire $1.64B fee over nixed merger
2014-10-21 04:05:46| Biotech - Topix.net
AbbVie is walking away from its proposed $55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a $1.64 billion breakup fee. The two companies said Monday that they deal was off following the decision last week by AbbVie's board to withdraw support from the proposed acquisition.
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