Originally Posted by
mistaTea
They are going to go hostile if they feel a bargain is to be had and the board are being unreasonable.
Maybe create your countdown timer Ogg. T-minus how long until hostile takeover?
If I were Comcast, Discovery, Spark etc...I would negotiate with the big shareholders to sell 19.99% of the shares at $x/share (with a clause that if the bid for the rest of the company is increased then they will be paid the difference). That would put them in an enormously strong position.
You still want The Board on board ideally, as these deals are just better when they are friendly.
But if any of these guys are really keen they aren't just going to walk away because The Board isn't enthusiastic right now. Not when there is a lot of money to be made.
I mean, Comcast or Discovery have got to be the most likely as they would both benefit hugely in different ways.
Spark is also likely though for both growth and defensive reasons. Growth because they would increase their dominance as largest telco (though to get comcom approval they would need to show genuine standardised wholesale offers for content). But also defensive...the last thing Spark wants is for a Big D1ck Player with infinitely deep pockets to come in and buy Sky.
That would definitely be game over for Spark Sport, plus Sky will inevitably offer more telco services which would be a major threat to Spark.
A lot to be excited about Ogg!