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Re: swampdonkey post# 8721

Thursday, 12/30/2010 3:52:39 PM

Thursday, December 30, 2010 3:52:39 PM

Post# of 34471
True, but strategic alignment is one thing and going and buying a competitors stock under the radar is a whole other thing entirely. How would FMCN shareholders react to finding out them buying 15% of a competitor in the open market without any agreements to ensure cooperative competition? They would flee in mass and many of them would land at CCME's doorstep. There is a reason these deals are done overtly, and there is a reason that good companies charge a premium and poor companies charge market value.

Before this share acquisition, VISN was down about 70% from its January high, is bleeding money and is sputtering at best. CCME is a rising star with over 100% YOY growth, a massive cash position and a very promising new service channel. We're not talking apples to apples here.

FMCN was clearly looking to hit the bargin bin. CCME will not be found in any bargin bins.

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