Michael de la Merced
Disney’s offer to buy 21st Century Fox. CVS’s bid for Aetna. T-Mobile’s proposed merger with Sprint.
Britain’s culture secretary said that 21st Century Fox should be allowed to bid for control of the satellite broadcaster Sky -- as long as Fox sells 24-hour news channel Sky News.
Here’s what three government agencies will weigh as they consider the T-Mobile/Sprint merger.
“The [Federal Communications Commission] has basically said: ‘Game on. We’re going to let you consolidate further than anyone had imagined,’” said Richard Greenfield, a media analyst at BTIG.
Over three decades ago, such was AT&T’s monopoly over the nation’s communications networks that the government forcefully shattered its empire.
AT&T has bought one of the remaining crown jewels of the entertainment industry, agreeing to buy Time Warner, the home of HBO and CNN, for about $85.4 billion.
Yahoo’s board has agreed to sell the company’s core internet operations and land holdings to Verizon Communications for $4.8 billion.
[Commentary] Few industries have been as deeply embroiled in merger mania as the telecommunications industry, particularly after AT&T’s $48.5 billion bid for DirecTV. Now, with another mega-deal in the works, how will others respond?