Fanning the flames
Given all the controversy surrounding the cable industry in the Netherlands, which has now escalated into a significant political issue, I am wondering how consumers and politicians will react to today's news of Liberty Global's acquisition of Cablecom in Switzerland for $2.185bn. I also wonder what Cablecom's decision to sell out just ahead of the IPO (and below the announced price range) says about market sentiment.
Friday, September 30, 2005
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