{"id":35045,"date":"2015-04-24T06:11:48","date_gmt":"2015-04-24T10:11:48","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=35045"},"modified":"2015-04-24T06:11:48","modified_gmt":"2015-04-24T10:11:48","slug":"comcast-corporation-nasdaqcmcsa-must-shed-assets-to-save-itself-says-analysts","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/comcast-corporation-nasdaqcmcsa-must-shed-assets-to-save-itself-says-analysts-35045","title":{"rendered":"Comcast Corporation (NASDAQ:CMCSA) Must Shed Assets To Save Itself, Says Analysts"},"content":{"rendered":"<p style=\"text-align: justify;\">According to industry analysts and lawyers,\u00a0<strong>Comcast Corporation (NASDAQ:CMCSA)<\/strong>\u00a0must shed assets to satisfy the US officials, who are resisting their bids to take over\u00a0<strong>Time Warner Cable Inc (NYSE:TWC)<\/strong>.<\/p>\n<p style=\"text-align: justify;\">Also, the shedding is required if Comcast wants to preserve the deal\u2019s value.<\/p>\n<p style=\"text-align: justify;\">Moreover, they also say that the largest cable company of the US could sell subscribers in the major markets as well, such as New York, Los Angeles etc. if it wants to appease regulators. If not this, another option for them could be to sell its one-third stake in Internet video service Hulu. It is said that Hulu has an appreciable growth potential since the consumers have increased watching television online.<\/p>\n<p style=\"text-align: justify;\">The company had earlier met with the officials from the Federal Communications Commission and their representatives have tried to gauge the extent of objections from the Justice Department during a meeting. The meeting was held at\u00a0Wednesday\u00a0afternoon. Comcast Corporation (NASDAQ:CMCSA)\u00a0seems to be trying hard to prevent a possible lawsuit by the government. This lawsuit would help the government to investigate if the \u2018enlarged company\u2019 will enjoy a large control over the national broadband internet service.<\/p>\n<p style=\"text-align: justify;\">Craig Moffett, an analyst at MoffettNathanson believes that it is becoming clear that the Department of Justice and the FCC \u201cwant to reject\u201d the deal. But the issue at the moment would be to see if this is something, which they can legally do. However, he also believes that should they decide that they have a pretty strong case, there will be nothing that could fix it.<\/p>\n<p style=\"text-align: justify;\">Moreover, Spokesmen for the Department of Justice and the FCC were not available to comment on this matter\u00a0on Wednesday\u2019s\u00a0meeting. Also, Spokesmen for Comcast and Time Warner Cable Inc (NYSE:TWC)\u00a0were also unavailable to comment.<\/p>\n<p style=\"text-align: justify;\">However, the lawyers of antitrust division of Justice Department will be placing their bets against the deal. They are also trying to prepare strong arguments, which could be used in a lawsuit to block the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to industry analysts and lawyers,\u00a0Comcast Corporation (NASDAQ:CMCSA)\u00a0must shed assets to satisfy the US officials, who are resisting their bids to take over\u00a0Time Warner Cable [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":15766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1666,910,1708,1707],"stock_ticker":[],"class_list":["post-35045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-comcast-corporation-nasdaqcmcsa","tag-nasdaqcmcsa","tag-nysetwc","tag-time-warner-cable-inc-nysetwc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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