AT&T could be looking at Liberty Media to Spin Out Entertainment Unit

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broadcasttheworld

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Sep 26, 2007
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In a bid to close the wide gap in value between its Liberty Entertainment tracking stock and the holdings it tracks, Liberty Media will spin out of the majority of the assets into a new, asset-backed stock. The move is intended to make Liberty Entertainment – which tracks a 52 percent stake in DirecTV – easier for investors to value and calm fears that Liberty Chairman John Malone would use the resources of Liberty Entertainment to bolster other struggling assets. Unlike a tracker, an asset-backed stock also would allow Liberty to merge the new entity with DirecTV or sell it to other interested parties. Analysts say AT&T could be a possible suitor and see either a merger or sale of the newly-formed entity as Liberty’s overarching plan. The Wall Street Journal, online.
 
In english what does this mean?. I have seen similar articles today


We have heard the "merger" bit for many years now?
 
Looks like ATT is trying to buy DIRECTV. Scott alluded that it looks like DIRECTv is back up for sale, in his latest podcast.
 
I'm not suprised. John Malone was hit by the credit crunch and could no longer afford to keep it. Having said that you may find this interesting.
John Malone = TCI = ATT Cable Services = Comcast
Now considering that and the info available Here is the newer version
John Malone + Directv = ATT = Comcast.
Having said that why doesn't he get it over with and just cut the middle man out and sell to the in the first place. ATT would not likely be able to hold on to it for any real length of time. Once that happens then this would likely occur to
fsn northwest = comcast sportsnet seattle or Washington, fsn pittsburgh = comcast sportsnet pittsburgh. fsn rocky mountain = comcast sportsnet rocky mountain. The fact a dish network merger is basically blocked is what opens up a company like comcast to taking directv and with the pull they have in congress/fcc. Nothing is going to stop them from doing it.
Looks like ATT is trying to buy DIRECTV. Scott alluded that it looks like DIRECTv is back up for sale, in his latest podcast.
 
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