I got an email last night from computershare saying they hadnt received my payment yet. Payment went through on Monday so hopefully just a timing thing and my 120% is all locked and loaded now.
...to fund growth investments across Infratil’s existing portfolio companies and take advantage of new opportunities that may arise as a result of current market conditions...
Yep, opening bid of $600M should get people’s attention.
What sky needs is a buyer with deep pockets so that sky can put Spark back in its place. Spark is the definition of crony capitalism. They made a big scene over the sky/vodafone merger and the commerce commission caved in to Spark's demands and blocked the merger. Then Spark enters the sports market and started behaving like how sky/voda would have behaved if merged...
What sky needs is a buyer with deep pockets so that sky can put Spark back in its place. Spark is the definition of crony capitalism. They made a big scene over the sky/vodafone merger and the commerce commission caved in to Spark's demands and blocked the merger. Then Spark enters the sports market and started behaving like how sky/voda would have behaved if merged...
Yes all true.
But IF infratil do decide that it makes sense now to have another crack at effectively merging Vodafone and sky...
Now is the time. Sky still has ~$50M of raised capital above the $100M to pay back the bonds.
A big chunk of that will need to be spent on getting ready for Sky Broadband in 2021.
Well, if IFT buy sky now that money can be used for other stuff since they already have Vodafone.
And surely there is no way Spark could lobby effectively now and block the deal.
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Originally Posted by mistaTea
But heck, i'm liking it.
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