Author Topic: NBC interested in TWC, but not buying (Read 4705 times)

lfmusiclover · « **on:** March 01, 2008, 08:52:40 PM »

NBC Universal is interested in TWC, but has decided it will not pay the $5 billion Landmark is asking. Article:

http://www.alleyinsider.com/2008/2/zucker__likes_weather_channel__but_not_for__5b

I guess that means then that there's one less contender for TWC.

Gil · « **Reply #1 on:** March 01, 2008, 08:53:22 PM »

Why would they sell it? Isnt that their biggest/only asset?

lfmusiclover · « **Reply #2 on:** March 01, 2008, 08:53:49 PM »

Landmark is selling all of their assets. You didn't hear?

Localonthe8s · « **Reply #3 on:** March 01, 2008, 08:53:58 PM »

IS this bad?

lfmusiclover · « **Reply #4 on:** March 01, 2008, 08:54:53 PM »

I think that's a matter of personal opinion. Personally, I think it is. I never liked the idea of NBC buying TWC.

Gil · « **Reply #5 on:** March 01, 2008, 08:55:07 PM »

Landmark is selling all of their assets. You didn't hear?

No, i didn't. Why are they selling all of their assets?

lfmusiclover · « **Reply #6 on:** March 01, 2008, 08:55:48 PM »

I don't know. I don't think they've made the reason public...at least AFAIK they haven't.

Gil · « **Reply #7 on:** March 01, 2008, 08:56:48 PM »

Maybe Mr. Landmark is dying. He might have cancer. I'd ask the doctor about it.

Localonthe8s · « **Reply #8 on:** March 01, 2008, 08:58:23 PM »

You mean Mr. Frank Batten?

Gil · « **Reply #9 on:** March 01, 2008, 08:59:07 PM »

Is he the proprietor of the establishment? I've been meaning to give him a call.

Localonthe8s · « **Reply #10 on:** March 01, 2008, 09:00:47 PM »

yep hes the owner

Gil · « **Reply #11 on:** March 01, 2008, 09:01:22 PM »

Interesting.