RE:RE:RE:RE:RE:RE:RE:CWC And HWO15 mil of the val is land so the assets were throw away value. Low costs to kill off a competitor but wish ESI or PD had been the buyers. Brookfield/mgt will own about 88% of the company after the rights offering if both fully subscribe which makes it even less tenable going forward. Will take time 2 integrate the assets, probably a 2nd half story for any m+a action on CWC.
Risus76 wrote: Thanks for sharing. The story with CWC keeps evolving. Perhaps they are going ahead with this purchase because 1. It makes sense and 2. They are trying to make themselves more attractive to be acquired. The fact that Brookefield is involved in the rights offering is interesting and a testament of their willingness to stay the course. I don’t know...