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Essay

Finance review

Essay specific features

 

Issue:

Business

 

Written by:

Charlotte L

 

Date added:

July 2, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 655

 

Was viewed:

6051 times

 

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Essay content:

The author sites that three of the top eight cable companies have either already taken their companies private or have announced plans to buy the outstanding publicly traded shares. The three companies that the article talks about, Cox Communications, Cablevision Systems and Insight Communications, are all companies that are poised to take telephone customers away from regional bell companies in addition to fending off a video push from those same telephone companies...
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Another reason given was the anemic stock performance of the sector over the last couple of years along with the increased pressure from investors to increase prices that consumers pay in the face of increased competition. In the end, the companies that have gone private or announced plans to go private, are companies that believe that their stock price was not reflective of the true value of their company...
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