AT&T, Time Warner Deal Will Get Done: Gamco's Marangi

The transcript discusses the sale of Time Warner's entertainment business, highlighting the market's positive reaction due to a premium price. It explores the strategic rationale and risks of the acquisition, including political and regulatory challenges. The discussion extends to global business trends, emphasizing a push against large corporate mergers. The future of media and content companies is also considered, with potential consolidations involving major players like Disney and Apple.

What was the premium percentage over Time Warner's trading price before the sale?

• 25%

• 36%

• 40%

• 50%

Which regulatory body is expected to take a more aggressive stance on the merger?

• Federal Communications Commission (FCC)

• Department of Justice (DOJ)

• Securities and Exchange Commission (SEC)

• Federal Trade Commission (FTC)

What is the general political sentiment towards large corporate mergers?

• Positive

• Supportive

• Indifferent

• Negative

Which company is mentioned as a potential acquirer of Disney?

• Microsoft

• Google

• Amazon

• Apple

What is the term used to describe smaller media companies that might be involved in future mergers?

• Free radicals

• Minor players

• Loose ends

• Independent entities