Lol - 5B into the infrastructure back in late 90s. Went bankrupt. Former ceo of Pan-Am bought out of
L receivership for 25M. Now very profitable company. Love Seinfeld reference.
CNN has billions in infrastructure. Satellite segments; fiber routes; studios; distribution..,buy it for pennies on the dollar and instant network. That said, I can see the DS letting it go under…unless EO13848.
When you say you can see the globos letting cnn just go under instead of being sold... do you mean hang on to all the infrastructure and literally just let it sit and rot?
this is probably a dumb question right? Some days I wake up feeling smart and some days I wake up feeling dumb. And as I'm sure you could have guessed just by the kramer, today I feel like a box of chocolates. So I probably asked a dumb question. I don't know a damn thing about acquisitions in business.
"Why don't you just tell me what Iridium Sattelite is!"
https://i.imgflip.com/63gnic.jpg
Lol - 5B into the infrastructure back in late 90s. Went bankrupt. Former ceo of Pan-Am bought out of L receivership for 25M. Now very profitable company. Love Seinfeld reference.
kekekek, thanks for the eli5 fren, sounds very interdasting indeed.
CNN has billions in infrastructure. Satellite segments; fiber routes; studios; distribution..,buy it for pennies on the dollar and instant network. That said, I can see the DS letting it go under…unless EO13848.
When you say you can see the globos letting cnn just go under instead of being sold... do you mean hang on to all the infrastructure and literally just let it sit and rot?
this is probably a dumb question right? Some days I wake up feeling smart and some days I wake up feeling dumb. And as I'm sure you could have guessed just by the kramer, today I feel like a box of chocolates. So I probably asked a dumb question. I don't know a damn thing about acquisitions in business.