ASEAN (Indo) & China-focused. Ex-Deputy HoR UBS.

Johannes Salim, CFA

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/18840" target="_blank" data-smartkarma-citation="entities:18840:1">CBS Corporation (CBS US)</a> has made an opening bid to acquire <a href="https://www.smartkarma.com/entities/7472" target="_blank" data-smartkarma-citation="entities:7472:1">Viacom Inc Class A (VIA US)</a> while VIA counters the offer immediately.</li>
<li>Even at share swap ratio of 0.65 CBS shares for every VIA share, the deal (without taking into account cost synergy) would be EPS accretive for CBS.</li>
<li>The sector's M&amp;A deal flows and attractive valuation could put enough pressure for CBS's CEO to pull the trigger.</li>
<li>The play is through <a href="https://www.smartkarma.com/entities/11654" target="_blank" data-smartkarma-citation="entities:11654:1">Viacom Inc Class B (VIAB US)</a> as its share price is 14% lower than VIA's.</li>
</ul><a href="https://www.smartkarma.com/entities/18840" target="_blank" data-smartkarma-citation="entities:18840:1">CBS Corporation</a>…



CBS Corporation (CBS US) has made an opening bid to acquire Viacom Inc Class A (VIA US) while VIA counters the offer immediately.
Even at share swap ratio of 0.65 CBS shares for every VIA share, the deal (without taking into account cost synergy) would be EPS accretive for CBS.
The sector's M&amp;A deal flows and attractive valuation could put enough pressure for CBS's CEO to pull the trigger.
The play is through Viacom Inc Class B (VIAB US) as its share price is 14% lower than VIA's.
CBS Corporation…

M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

Bringing the marketplace leading coverage of mergers, events, and major corporate actions, CTFN has a team of seasoned reporters from Los Angeles to London, publishing news that advances stories that matter to event-driven investors and deal professionals.

The CPUC will likely approve an ALJ’s proposed decision urging approval with conditions of the $80.9 billion deal by Charter for Time Warner Cable, according to a key critic of the merger who is an intervenor in the commission’s proceedings.

The CPUC will likely approve an ALJ’s proposed decision urging approval with conditions of the $80.9 billion deal by Charter for Time Warner Cable, according to a key critic of the merger who is an intervenor in the commission’s proceedings.

California Commission Likely to Approve Proposed Time Warner Cable/Charter Decision

The Federal Communications Commission’s decision to impose a 15-day delay on its informal clock in the proposed merger of Charter Communications with Time Warner Cable is not terribly significant but the symbolism for the companies is not good, according to a veteran telecommunications attorney.

The Federal Communications Commission’s decision to impose a 15-day delay on its informal clock in the proposed merger of Charter Communications with Time Warner Cable is not terribly significant but the symbolism for the companies is not good, according to a veteran telecommunications attorney. 

Public Relations and Social Media Manager, Dechert LLP

Peggy Heffner

Public Relations and Social Media Manager

Dechert is a global specialist law firm

Dechert LLP

Dechert is a global specialist law firm.
Focused on sectors with the greatest complexities, legal intricacies and highest regulatory demands, we excel in delivering practical commercial judgment and deep legal expertise for high-stakes matters.

Our work is widely recognized. We have 20 standout practices noted by Chambers Global, including global-wide rankings for arbitration, corporate investigations, anti-corruption, investment funds and life sciences. Named Antitrust Team of the Year, Chambers USA commends our “accomplished group” as “routinely sought after to handle some of the most significant litigation and transactions in the antitrust world.” 

In an increasingly challenging environment, clients look to us to serve them in ways that are faster, sharper and leaner without compromising excellence. We developed a first-of-its kind legal project management department, which uses technology, people and processes to drive efficiency and deliver value for our clients.

We are innovators. Dechert ranked #7 in the Financial Times’ Top North American Innovative Law Firms. Financial Times also recognizes us among the Top European Innovative Law Firms and highly commends World Compass, our marketing compliance service, which offers investment firms advice in more than 100 jurisdictions.

Significant antitrust merger investigations in the United States took an average of 9.6 months in 2015, more than a third longer than the average just two years ago, according to DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker.Federal enforcement activity resulted in 37 significant merger investigations, seven of which generated complaints seeking to block proposed deals and 24 of which were resolved by consent orders. Each of these figures was a record for the five years during which DAMITT has been tracking antitrust merger investigations.Antitrust merger investigation activity is up, and investigations are taking longer than ever to complete.

Significant antitrust merger investigations in the United States took an average of 9.6 months in 2015, more than a third longer than the average just two years ago, according to DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker.Federal enforcement activity resulted in 37 significant merger investigations, seven of which generated complaints seeking to block proposed deals and 24 of which were resolved by consent orders. Each of these figures was a record for the five years during which DAMITT has been tracking antitrust merger investigations.Antitrust merger investigation activity is up, and investigations are taking longer than ever to complete. 

Dechert Antitrust Merger Investigation Reports Record Duration of U.S. Merger Investigations in 2015

Dish Network has vigorously opposed at the Federal Communications Commission the acquisition of Time Warner Cable and Bright House Networks by Charter Communications contending that the merged company would harm online video rivals through its control of the broadband pipe.&nbsp;

Dish Network has vigorously opposed at the Federal Communications Commission the acquisition of Time Warner Cable and Bright House Networks by Charter Communications contending that the merged company would harm online video rivals through its control of the broadband pipe.&nbsp;

Will Time Warner Cable-Charter Merger Hurt Online Video Rivals?

United States

Time Warner Cable Inc. is a provider of video, high-speed data and voice services over broadband cable systems. The Company also provides networking and transport services, managed and outsourced information technology solutions, and cloud services.

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Time Warner Cable (TWC US)

CBS-Viacom M&A: The Second Time a Charm?

CBS Corporation (CBS US) has made an opening bid to acquire Viacom Inc Class A (VIA US) while VIA counters the offer immediately. Even at share...

Johannes Salim, CFA

California Commission Likely to Approve Proposed Time Warner Cable/Charter Decision

The CPUC will likely approve an ALJ’s proposed decision urging approval with conditions of the $80.9 billion deal by Charter for Time Warner Cable,...

CTFN

Charter's FCC Review Pause Symbolic

The Federal Communications Commission’s decision to impose a 15-day delay on its informal clock in the proposed merger of Charter Communications...

CTFN

Dechert Antitrust Merger Investigation Reports Record Duration of U.S. Merger Investigations in 2015

Significant antitrust merger investigations in the United States took an average of 9.6 months in 2015, more than a third longer than the average...

Dechert LLP

Will Time Warner Cable-Charter Merger Hurt Online Video Rivals?

Dish Network has vigorously opposed at the Federal Communications Commission the acquisition of Time Warner Cable and Bright House Networks by...

CTFN

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