Deutsche Telekom bid for Voicestream gets boost from U.S.; Unions and trade groups oppose restrictions

Article Abstract:

The Communication Workers of America and The AFL-CIO have joined with the U.S. Chamber of Commerce to support the merger of Deutsche Telekom and VoiceStream Wireless. They are urging that the Federal Trade Commission waive the U.S. law forbidding companies with more than 25% ownership by a foreign government from acquiring a communication license. The law would effectively block the $50 billion merger.

Telecommunications, Radiotelephone communications, Cellular and Other Wireless Telecommunications, International economic relations, Telephone Communication, Mobile Radio Services, Telecommunications services industry, Telecommunications industry, Political activity, Wireless communications services, Deutsche Telekom AG, AFL-CIO, VoiceStream Wireless Corp., VSTR, Chamber of Commerce of the United States, Communications Workers of America

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U.S. ready to clear Fox's purchase of Chris-Craft

Article Abstract:

Fox Television Stations Inc.'s planned acquisition of Chris-Craft Industries Inc. has been approved by US federal regulators. The deal is worth $5.35 billion (6.14 billion euros).

Diversified Companies, Asset sales & divestitures, TV Stations, Chris-Craft Industries Inc., CCN, Television stations, Fox Television Stations Inc.

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Liberty asks Comcast for deal

Article Abstract:

Liberty Media Corp. has informed Comcast Corp. that it will either sell its QVC Inc. minority share, or buy the company in its entirety. Such a deal for 100% for QVC would be valued at $5 billion (4.63 billion euros). Comcast owns 58% of QVC.

Strategy & planning, Cable Television Systems, Cable Networks, Cable and other pay TV services, Planning, Television broadcasting, Company acquisition/merger, Cable television broadcasting industry, Cable television, Comcast Corp., CMCSA, QVC Inc., QVCN, Company business planning, Liberty Media Corp.

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