Afternoon Wire: So is a Vivendi deal still doable or what?
Published: Monday, November 06, 2006
Will Time Warner's Stock Remain Bewkerized?Now that the media giant's stock is showing signs of life, Wall Street of course has to pull a "Will The Momentum Last". If the stock is moving around for the first time in a long time, why won't investors just let it ride? It's questions like the above and the greed of Wall Street that puts pressure on Media execs and their company stock. Spoken like a true Republican Media mogul Rupert Murdoch did his part for the Republican party he so loves to rub elbows with at a recent speaking engagement and boy does he sound like a bus administration official."I believe it was right to go in there. I believe that certainly the execution that has followed that has included many mistakes," he said. "I think that one forgets that American foreign policy for the whole of the (20th) century saved the world from terrible things three times, for which they certainly got no thanks and for which they never had imperial ambitions at all." So what's really the deal with the rumored Vivendi Bid? So KKR made a sweet bid of $50 Billion to take over French media Giant Vivendi, but talks went down the toilet, or did they? Did the French Government in their bid to take on U.S. media giants behind the break down in talks. Do they want to keep Vivendi in French hands? If KKR does end up taking the company by the balls, would they look Tom Freston's way? Labels: AfternoonWire, RupertMurdoch, Vivendi |


Will Time Warner's Stock Remain Bewkerized?
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