Comcast: Saving Up for a Mega Deal?
Will Comcast (CMSCA) use its rising cash pile to make a large acquisition in the content business?
Reuters raised that question in a lengthy news analysis yesterday which wondered if the company is plotting a giant deal along the lines of its failed $54 billion bid for Disney (DIS) in 2004. The story says speculation on the Street has the company potentially targeting Viacom (VIA), or even Time Warner (TWX). (A combination with Time Warner–which would give the company control of key cable properties like HBO and CNN – would be truly weird, given that Time Warner only months ago spun off Time Warner Cable as an independent company.)