MarketFoolery: 02.13.2013
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 February 2013
⏱️ 16 minutes
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Summary
Our analysts discuss Comcast's big deal, Buffalo Wild Wings' earnings, and Burger King's new coffee.
Transcript
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| 0:00.0 | It's Wednesday, February 13th. |
| 0:04.0 | Welcome to Mark Fuller. |
| 0:05.0 | I'm Chris Hill joining me in studio today. |
| 0:07.0 | From Mollyful1, Jason Moser and from Fool.com, senior tech analyst Eric Bleaker. |
| 0:11.0 | Happy Wednesday guys. |
| 0:12.0 | Hey you Hey Chris. |
| 0:13.0 | We're going to talk, we're going to talk food and beverage in a little bit, but we're going to start |
| 0:18.1 | with the big deal of the day. |
| 0:20.8 | Comcast, as of, I guess, Monday, owned 51% of NBC Universal. |
| 0:27.0 | Now they own all of it. |
| 0:29.0 | Comcast is buying the remaining 49% from General Electric for the cool sum of |
| 0:34.9 | 16.7 billion dollars and Eric I'm assuming everybody thinks this is a great deal |
| 0:40.6 | for all parties involved because shares of both are at new five-year |
| 0:46.3 | highs as of the announcement. |
| 0:48.3 | Yeah and I think why they're really doing this deal is to get Jack Donaghy, a proven leader at NBC right now? |
| 0:54.4 | Absolutely. |
| 0:55.4 | No, but you know everyone's expecting this great media schism and we've got all these disruptive |
| 1:00.8 | companies, people are looking at an Apple TV |
| 1:03.0 | Netflix but the interesting storyline is the status quo is |
| 1:07.2 | really winning and that's Comcast and it's a company that late last year |
| 1:11.7 | as people got really concerned about cord cutting and other threats, |
| 1:15.6 | went down all the way to six times cash flow. |
... |
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