Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Trump pulls off another deal
Masa (SoftBank) of Japan has agreed to invest $50 billion in the U.S. toward businesses and 50,000 new jobs....
Masa said he would never do this had we (Trump) not won the election! See if you folks used Twitter you could have known this as it happened |
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#2
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Think maybe there might be a connection ????
"SoftBank Group Corp.’s Masayoshi Son has a 300-year plan, so if combining Sprint Corp. and T-Mobile US Inc. takes a few years longer than he hoped, that’s OK. Son, who became one of the world’s wealthiest men by turning Tokyo-based SoftBank into a telecommunications and technology powerhouse, still would like to merge the U.S. wireless providers, according to people familiar with his thinking. SoftBank owns more than 80 percent of Sprint after acquiring the majority stake in 2013, part of Son’s famed plan to build a business empire that can endure through the centuries. Son considered buying T-Mobile in 2014, before abandoning the effort when officials at the U.S. Federal Communications Commission and Justice Department signaled they were against a theoretical merger. There’s a key figure who will determine if Son makes another run at T-Mobile: the yet-to-be named new head of the FCC. If Son feels that person is more amenable to a combination to take on market leaders AT&T Inc. and Verizon Communications Inc., he will probably try again, said the people, who asked to not be identified because the matter is private." Sprint Owner Said to Still Hold Out Hope for T-Mobile Deal - Bloomberg |
#3
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No surprise...this is from the day after the election. Jobs are based on Trump insuring the merger ?????
"Might President-elect Donald Trump open the door to a T-Mobile merger with Sprint? Investors seemed to pose that question following Tuesday’s election outcome by bidding up shares of the Overland Park-based wireless company on Wednesday. Sprint stock jumped more than 11 percent, or 73 cents, to $7 in midday trading." Trump's election raises possibility a Sprint merger with T-Mobile could get another look in Washington | The Kansas City Star |
#4
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So the question becomes....all these big mergers good for the consumer ??
"Clouds parting after three big deals blocked under Obama. There’s a growing sense of almost euphoria in the telecommunications industry as the incoming Donald Trump administration appears likely to be considerably more friendly to mergers and acquisitions. The change comes after eight years of tough regulatory scrutiny of telecom mergers under the Obama administration. AT&T wanted to buy T-Mobile, then Sprint S 6.71% tried. Both were nixed by regulators, which also prevented Comcast CMCSA 0.12% from grabbing Time Warner Cable TWC 0.00% . T-Mobile, having been twice before the subject of acquisition efforts, is among the most likely to merge in the new deregulatory climate. But as the carrier has doubled its subscriber base and become a cash generating machine over the past three years, the terms of the next deal may be quite different. Carter said his company expects M&A activity will include companies outside of the telecom business. Big cable companies like Comcast and Charter Communications CHTR 1.45% have already announced plans to enter the wireless market. Google has a small wireless service called Project Fi, which could expand. T-Mobile CEO John Legere has talked about Google GOOGL -0.06% or Facebook FB -0.26% as possible acquirers. Sprint CEO Marcelo Claure has also discussed his desire to acquire Legere’s company under a Trump presidency. Clouds parting after three big deals blocked under Obama. There’s a growing sense of almost euphoria in the telecommunications industry as the incoming Donald Trump administration appears likely to be considerably more friendly to mergers and acquisitions. The change comes after eight years of tough regulatory scrutiny of telecom mergers under the Obama administration. AT&T wanted to buy T-Mobile, then Sprint S 6.71% tried. Both were nixed by regulators, which also prevented Comcast CMCSA 0.12% from grabbing Time Warner Cable TWC 0.00% . But that hostility towards consolidation appears quite likely to change. President-elect Trump has appointed to his transition team a series of industry figures to govern both merger reviews and telecom policy, many of whom have displayed strong opposition to regulatory intervention and a preference for letting free markets evolve on their own. The industry is expecting considerably more “openness for consolidation,” Braxton Carter, T-Mobile’s CFO, said at a UBS investor conference on Monday. “I really do think you’re going to see a lot of evolution and a lot of excitement of over the next several years T-Mobile, having been twice before the subject of acquisition efforts, is among the most likely to merge in the new deregulatory climate. But as the carrier has doubled its subscriber base and become a cash generating machine over the past three years, the terms of the next deal may be quite different. Carter said his company expects M&A activity will include companies outside of the telecom business. Big cable companies like Comcast and Charter Communications CHTR 1.45% have already announced plans to enter the wireless market. Google has a small wireless service called Project Fi, which could expand. T-Mobile CEO John Legere has talked about Google GOOGL -0.06% or Facebook FB -0.26% as possible acquirers. Sprint CEO Marcelo Claure has also discussed his desire to acquire Legere’s company under a Trump presidency. Still, it’s unclear if allowing such mega-mergers would help or harm consumers. After regulators stopped AT&T from acquiring T-Mobile, the smaller carrier became a force for lowering prices and doing away with customer-unfriendly industry practices like two-year contracts. T-Mobile Excited for Merger Deals Under Trump Presidency: Here's Why |
#5
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"Shares of Sprint (NYSE: S) rose 22.7% in November, according to data from S&P Global Market Intelligence Opens a New Window. . When Donald Trump won the presidential election, Sprint investors saw dollar signs as that result seemed to open the door for a merger with T-Mobile US (NASDAQ: TMUS). The Un-carrier also gained from the same speculation, rising 9% higher in November."
How Sprint Corp. Shares Gained 23% in November | Fox Business Not big with my knowledge of business deals so the question is....if all this is harboring of bigger companies good for the economy as a whole ? |
#6
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if we knew the extent or even the realities of Trump's debt or ties to Japan OR anywhere, I probably wouldnt say this, but maybe this thread should be incorporated under the thread....
"You've just been "hood winked" Because we just do not know !!!! And if that even gave you pause, I post this for your reading... Donald Trump: The $500 Million Debt that He Isn't Talking About We just do not know ! |
#7
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"President-elect Donald Trump is claiming credit for a $50 billion investment in the United States by a Japanese tech conglomerate -- a deal he says wouldn't have happened without him."
The company, Softbank, hasn't given details. But in October, weeks before the election, Softbank and the government of Saudi Arabia agreed to form a $100 billion fund to invest in technology companies around the world." Trump claims credit for $50 billion investment by Japanese firm - Dec. 6, 2016 |
#8
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#9
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All of the Obama's holdings are in treasury bills in a blind trust. They own one home in Chicago, and they have posted every tax form on=line since he first ran for state senate. |
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#11
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#12
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BUT the true meaning of this thread......is are we comfortable with a lot of foreign investment in this country ???
That is on the assumption that this all becomes real. And also if mergers are going to increase we face the BIG companies again. This is the kind of topic that should be discussed on this forum, assuming it is a political discussion forum to trade ideas and thoughts on issues that face us or policies as we see them come to fruition. |
#13
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How many American companies have been bought by foreigners? By real American standards too many. How many foreign owned car companies are here in the USA? And is it not of greater concern that the federal government is in debt to countries like China? If you have been comfortable up to now....you have nothing to concern yourself with regarding foreign investment in the USA. |
#14
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A bit confused by "make America great again" making a real effort to get this news out. Maybe I misunderstood. I thought the thrust would be about American companies, American growth and certainly American jobs. Nothing said to preclude American jobs for sure. Almost equally as disturbing is the understanding in the financial community that Trump is pro merger and of course pro big companies. I am not very comfy with that, but only my opinion. Again, I sure wish he would answer questions straight up and maybe he will some day...would help with the guessing |
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