Dec. 4 at 2:55 PM
$CMCSA Todays latest "indication" of
$NFLX being frontrunner on the
$WBD fiasco is absolutely the right move for CMCSA shareholders.
$PSKY actually needed the bid because they are a one trick pony and need to show growth. Someone snatches them up next if this plays out as todays rumor.
Imo, CMCSA was playing this game to drive up the bid much like they did with
$DIS on the 21CF acquistion, attached.
If anything, CMCSA (and WBD) might end up looking like the braniacs behind this fiasco and perhaps sees some market accreditation.