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Cable World, Nov 4, 2002
Byline: JONATHAN BLUM, KAGAN
With the EchoStar merger officially dead, Rupert Murdoch will almost certainly work up a bid for GMH. The trick will be getting the deal done without miring the company in debt. News Corp. could make a quick deal for part of the GM stake and then follow with a tender offer for the public shares at a later date. The wild card could be Microsoft, which was involved in the 2001 News Corp. bid with Liberty Media Corp. and, according to various reports, has expressed interest again.
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For complete breakdown of the DBS market, see "The DBS Report" at www.kagan.com.
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