AOL/Time Warner 2.0?

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4.7 • 1.7K Ratings

🗓️ 24 October 2016

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

AT&T makes an $85 billion bid for Time Warner, but haven’t we seen this movie before? TD Ameritrade buys Scottrade for $4 billion. Plus, Kodak unveils a smartphone and no, we’re not making this up.

Transcript

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0:00.0	This episode of Mark and Foolery is brought to you by Tommy John.
0:02.5	Tommy John makes underwear that keeps everything in place, whichever way a man moves.
0:06.6	For 20% off your first purchase, go to Tommy John.com slash fool and use the promo code fool. That's Tommy John. dot com slash fool and use the promo code fool that's Tommy John dot com slash
0:14.4	fool and use the promo code fool
0:18.8	it's Monday October 24th welcome to market foolery I'm Chris Hill joining me in
0:22.3	studio today for a million dollar portfolio,
0:24.1	Jason Moser, and from Stock Advisor, Canada,
0:26.8	Taylor Mockerman.
0:27.6	Happy Monday, gents.
0:28.8	He was well.
0:31.2	Holy cow was the news very busy over the weekend.
0:34.0	It just kept coming.
0:35.0	Holy cow.
0:36.0	We could probably make a couple of things up.
0:38.0	I think we could.
0:40.0	It is merger Monday in spades and we're going to dip into the full mail bag, but let's start with
0:47.0	By far the leading topic in the business world and that is
0:51.4	AT&T buying Time Warner for the cool sum, the tidy sum of $85 billion.
1:00.8	And when I look at both stocks being down a little bit today, I am not surprised at all.
1:08.0	Because as someone who vividly remembers the year 2000, when AOL bought Time Warner.
1:15.2	I'm seeing a lot of the same words being used for this deal that were used then for that
1:22.4	deal.
	...

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