- The Battle of the Boroughs: Queens-born Carl Ichan got in Ed Zander’s face. Brooklyn born Motorola CEO is firing back. In a letter filed with SEC he fires back, and says Moto doesn’t need Icahn.
- Cablevision family wants it back: The Dolans want to take Cablevision private and will pay $10.5 billion for it. With debt the deal is worth $23 billion.
- Narad flexes if PhyFlex: Changes name, if not game. Now will call itself PhyFlex Networks
- Qwest, the small and svelte Bell: Cost cutting and tight op-ex controls boosts net profit to $240 million in the first quarter.
- Truphone to Vodafone: don’t mess with us aka block our VoIP or we will sue. Now lawsuits are cheaper than a big ad campaign.
And A GigaMornin’ To You
2 thoughts on “And A GigaMornin’ To You”
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Jim Cramer had some great comments on the radio this morning about Cablevision. He stated that he loved the Dolans because they are very good at screwing their shareholders and this buyout fits right in.
“Now lawsuits are cheaper than a big ad campaign.”
Should that be, now lawsuits are ad campaigns?