Starz Entertainment: Profitable, Growing, Unlevered Business [View article]
Alan,
Great idea and write-up. One issue is there is at least one sell-side firm speculating that DTV will attempt to buy-in some of its outstanding shares prior to the merger. This could make DTV hard to borrow or move the LMDIA/DTV spread in the wrong direction. Do you think a large share repurchase is on the agenda for DTV prior to the LMDIA merger close?
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Starz Entertainment: Profitable, Growing, Unlevered Business [View article]
Great idea and write-up. One issue is there is at least one sell-side firm speculating that DTV will attempt to buy-in some of its outstanding shares prior to the merger. This could make DTV hard to borrow or move the LMDIA/DTV spread in the wrong direction. Do you think a large share repurchase is on the agenda for DTV prior to the LMDIA merger close?
Thanks,
Derek