And just how the fuck do you think forcing a company to not be sold is going to work out. If a company doesn’t get sold like this and it’s in debt as much as they are they’re going to end up closing up and that’s even worse. Because then people are going to be bidding in bankruptcy court over their assets and buy them for even less. This is like saying you don’t want the McDonald’s down the road to get bought out by a McDonald’s franchisee because in the end you’re not going to notice any real difference you’re still going to eat the same shit.
I’d sooner suspect it’s a way to attempt to get more Trump allied control over more media than a ploy to resist corporate monopoly, what with the cost of lawsuits at this scale.
What makes you think the goal is not to stop anyone from buying them?
And just how the fuck do you think forcing a company to not be sold is going to work out. If a company doesn’t get sold like this and it’s in debt as much as they are they’re going to end up closing up and that’s even worse. Because then people are going to be bidding in bankruptcy court over their assets and buy them for even less. This is like saying you don’t want the McDonald’s down the road to get bought out by a McDonald’s franchisee because in the end you’re not going to notice any real difference you’re still going to eat the same shit.
It was saddled with debt from another acquisition.
Split it back up and saddle Discovery with the debt. Let it go under. This is what Private Equity firms do every day.
I don’t think that outcome is at all likely in this climate
Still worth trying.
I’d sooner suspect it’s a way to attempt to get more Trump allied control over more media than a ploy to resist corporate monopoly, what with the cost of lawsuits at this scale.
Why? They already outbid. Netflix was announced before the hostile bid was made. That’s why this got filled first.