Excerpts from Broadcasting and Cable
“Our contacts down there suggest that the merger will go through and it will happen in the next 30-45 days,” said Robert Peck, Bear Stearns managing director and senior analyst, speaking Tuesday at the ISCe Satellite Investment Symposium here.
Cowen & Co. managing director and senior research analyst Thomas Watts was also bullish on the merger’s prospects, saying that he thought it would get approved and that the two companies would soon offer interoperable radios that would be able to receive satellite signals from both companies’ satellites.
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