Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Businessweek Archives

A deal about nothing

? Hiring pressure on Wall Street |


| Texas Pacific has great run with J Crew ?

January 17, 2007

A deal about nothing

Steve Rosenbush

On the deal front, it has been a day of frustration and denial. Cablevision's board has rejected a sweetened $8.9 billion bid from the Dolan family. Now that the bidding for The Tribune Co. has come to an end, the lack of an announcement suggests that the board isn't about to accept any of them. And Federal Communications Commissioner Kevin Martin indicated today that XM and Sirius's satellite radio licenses would preclude the merger that many investors have been urging. Shares of XM dropped 10% and shares of Sirius dropped 7%. It's the Seinfeld effect: a story about nothing.

06:30 PM


TrackBack URL for this entry:

blog comments powered by Disqus