Cable M&A Optimism Overdone, Moffett Says: Inside Scoop (Audio)
Craig Moffett, co-founder of MoffettNathanson LLC, talks about cable industry mergers and acquisitions. According to Moffett, U.S. cable consolidation speculation has diminished the chances of deals getting done quickly as stocks such as Time Warner Cable Inc. (TWC) and Cablevision Systems Corp. (CVC) become more expensive.
Bloomberg's Alex Sherman and Edmund Lee also discuss the potential fate of technology website AllThingsD. (Source: Bloomberg).
Running time 26:26