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Open TV Comcast Fox overeenkomst? deel 2

2 Posts
Rousserolles
2
Het laatste stukje nu in zijn geheel...

"OPTV will purchase the assets of Double C with OPTV stock. Double C
has 12,566,233 shares of stock outstanding. I suspect that the
exchange rate will be one(1) for one(1).

This transaction will give Comcast/Cox an approximate 10% equity
ownership in OPTV. Their cost is $82 million.

This transaction is essentially the same as was offered to LBRT in
the bankruptcy case, except LBRT is getting cash rather than stock
and Comcast/Cox is putting up the cash for the stock.

I don't believe Comcast/Cox want to go into the interactive business
and I don't think they have use of 130 LBRT employees.

Once Comcast/Cox obtains an equity position in OPTV they will
announce deployment contracts with OPTV. With their equity position
in OPTV they will benefit from the deployment contracts".

2 Posts
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