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Memo To Blogger Ben—–The TWC/Charter Deal Is A “Bubble” Starring You In The Face


Its Merger Monday again on this holiday adjusted Tuesday. So the announcement of another humungous debt-fueled M&A deal is right on schedule. This time it involves the utterly pointless combination of two giant, quasi-monopoly cable companies—–Time-Warner Cable (TWC) and Charter (CHTR)—– that are already on their homeward journey to Joseph Schumpeter’s Walhalla of creative destruction. But not before da boyz in the casino have one last…