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Showing 2 posts tagged objections to acquisitions.
Comcast Gunning to Force Sale of Houston Regional Sports Network
The major creditors of the Houston Regional Sports Network, which does business as Comcast SportsNet Houston, have filed an involuntary Chapter 11 bankruptcy petition against the network. The three listed creditors are Houston SportsNet Finance LLC, National Digital Television Center, LLC, and Comcast Sports Management Services, LLC, a subsidiary of Comcast Corp, which owns NBCUniversal. More >
FCC Approves Sprint, Clearwire Buyouts Over Rival's Objection
Despite a furious national security objection by rival DISH Network Corporation, the Federal Communications Commission has approved the $21.6 billion acquisition of Sprint Nextel Corporation by SoftBank of Japan. After the order was released on Friday, SoftBank moved forward quickly and announced it expects to complete the transaction by tomorrow, July 10. More >