roundtable: Re: Bell Atlantic - TCI

roundtable: Re: Bell Atlantic / TCI

Re: Bell Atlantic / TCI

Doug Henwood (dhenwood@panix.com)
Thu, 24 Feb 1994 10:08:09 -0500 (EST) 

Date: Thu, 24 Feb 1994 10:08:09 -0500 (EST)
From: Doug Henwood <dhenwood@panix.com>
Subject: Re: Bell Atlantic / TCI
To: roundtable@cni.org
In-Reply-To: <Pine.3.85.9402232200.A18435-0100000@idi.net>
Message-Id: <Pine.3.05.9402241008.A2849-b100000@panix.com>

This is almost certainly whining. Originally, the participants were
brimming with enthusiasm for the deal; a 7% rate decrease would have 
been insignificant next to their original expectations. The decline 
of Bell Atlantic's stock price had a lot more to do with the deal 
than the FCC.

Doug

Doug Henwood [dhenwood@panix.com]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)


On Wed, 23 Feb 1994, Samuel A. Simon wrote:
>
> If you haven't read about it, Bell Atlantic and TCI announced tonight 
> that their merger is being terminated.  They blame it on their inability 
> to price the deal in light of the current regulagtory environment, 
> especially the recent FCC action on the cable rates.  They say that they 
> will be continue to explore possible joint ventures.
> 
> 
> ------------------------------------------------------------------------
> Samuel A. Simon
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