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Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed

2015-04-21 10:11:28| Telecom - Topix.net

Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge. Boutique investment banks such as Allen & Company, Centerview Partners and Paul Taubman's PJT Partners have limited resources compared to their larger brethren, and they use them to win mandates on a few big deals.

Tags: deal cable boutique banks

 

Verizon TV package giving more cable choice violates agreement, ESPN says

2015-04-21 00:41:13| Telecom - Topix.net

ESPN is objecting to how Verizon is giving its FiOS TV customers more choice. In new plans that went into effect Sunday, Verizon made the ESPN and ESPN2 sports channels optional, but ESPN says its contracts with Verizon prohibit the channels from being in a separate sports package.

Tags: agreement choice says giving

 
 

Verizon TV package giving more cable choice violates agreement, ESPN says

2015-04-20 23:39:22| IT Services - Topix.net

ESPN is objecting to how Verizon is giving its FiOS TV customers more choice. In new plans that went into effect Sunday, Verizon made the ESPN and ESPN2 sports channels optional, but ESPN says its contracts with Verizon prohibit the channels from being in a separate sports package.

Tags: agreement choice says giving

 

US DoJ may veto Comcast bid for Time Warner Cable - report

2015-04-20 08:01:00| Telecompaper Headlines

(Telecompaper) Staff attorneys at the US Justice Department's antitrust division are nearing a recommendation to block Comcast's bid to buy Time Warner Cable, people familiar with the matter told Bloomberg. Attorneys who are investigating Comcast's USD 45.2 billion proposal to create a nationwide cable giant are leaning against the merger out of concern that consumers would be harmed, the report said. They plan to submit their review of the takeover within the next week, and it will then be up to the division's senior official to decide whether to file a federal lawsuit seeking to block the tie-up. The Justice Department lawyers have been contacting outside parties in the last few weeks to shore up evidence to support a potential case against the merger, one of the people said. Furthermore, officials at the antitrust division and the Federal Communications Commission, which is also reviewing the deal, aren't negotiating with Comcast about conditions to the merger that would resolve concerns, such as selling parts of its business or changing practices, said two people familiar with the situation. 

Tags: time report cable bid

 

Comcast, Time Warner Cable to meet U.S. Justice Dept officials over merger - WSJ

2015-04-19 09:08:41| Telecom - Topix.net

The meeting next Wednesday would aim to negotiate possible concessions addressing those concerns, the Journal said, citing people familiar with the matter. The paper said it would be the first time the two cable giants have met with regulators since announcing their proposed deal a year ago.

Tags: time meet cable justice

 

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