Should Vice Corp. Be Allowed to Buy ComcastWarner and DirecT&T?
Posted in: UncategorizedMay 26, 2017 — Merger mania has continued at a rapid clip over the past few years in the wake of the 2014 union of Comcast and Time Warner Cable and AT&T’s takeover of DirecTV. But now, Vice Corp. — itself born of a merger, in 2015, of News Corp. and Vice Media — has its eyes on the biggest deal yet with a blockbuster plan to swallow both ComcastWarner and DirecT&T in one simultaneous transaction.
Vice Corp. has already been on a shopping spree, having recently snatched up Hulu, the Hot Topic retail chain, a number of newspaper companies including Canada’s Globe and Mail and South Korea’s Chosun Ilbo, as well as Beats Electronics — which it picked up in a fire sale for $180 million, a fraction of the $3 billion price Apple paid for it in 2014.
Though Vice Corp.’s Co-Supreme Leaders Shane Smith and Rupert Murdoch were unavailable for comment, a company spokesman did agree to answer some written questions about the unprecedented deal.
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