Although we haven’t heard from the Federal Communications Commission and the U.S. Department of Justice, very few individual analysts think Comcast‘s (NASDAQ: CMCSA  ) proposed acquisition of Time Warner Cable (NYSE: TWC  ) is in danger of not being approved. Between an FCC that’s a revolving door of industry lobbyists and a world in which cable TV isn’t as important to disseminate news and entertainment as it was even a decade ago, most analysts agree the deal will eventually be approved.
However, according to media analyst Craig Moffett, the overall stock market appears to be more bearish on the acquisition than individual analysts. The spread been the two companies share prices swelled to 8%, downgrading the deal to a 75% chance of FCC and DOJ approval according to Moffett. So, should subscribers and investors be elated or concerned by the bearish overtone of the stock market?
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