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Comcast, CTL & LVLTtotally a sucker's idea... so stupid, how would that make any sense.. If I am Comcast, I kick the banker whoever comes out of this idea out of door... AT the deal close, the enterprise value of LVLT vs CTL is roughly the same. All Comcast want is LVLT's long-haul. Comcast doesn't need CTL and doesn't want CTL. Do you have any idea how messy in CTL... In order to get LVLT, all Comcast needs to pay is $70 plus termination fee. That most likely is paying for an enterprise value of $35B for LVLT. LVLT's cashflow justify a $70 price. Let's say the after the deal close at $66 for LVLT, CTL will be $27.25. How much Comcast is willing to pay for for LVLT/CTL combine? $15% premium? OK.. $31 a share for the combine of LVLT/CTL. That is $71 for LVLT. But to save the break-up fee or less than $1B, they will pay additional $35B enterprise value for CTL. There is no NOL loss inside CTL A combine of LVLT/CTL at CTL's price of $31 is a $70B big animal. Can Comcast get it approve? think... you are not thinking... |
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Msg # | Subject | Author | Recs | Date Posted |
146780 | Re: Comcast, CTL & LVLT | gzkom | 0 | 1/21/2017 8:35:03 PM |