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Luxsit, you're right again. This is an unprecedented situation, regardless how many spats there have been in the past.

Fortunately, I don't think Seattle Council has yet grasped the extent to which the stakes have risen (unless they read TMF? :-)).

Interestingly, Pepper and Corrazini's discussion of the changes made by the 1996 Act to the sale of cable systems seems to refer to situations in which the franchise is sold or transferred (for example, I saw some reports within the last couple of days of some transfers of franchises between MSOs - basically swaps, although I didn't pay close attention to them). In TCI's case, the company itself, not just the franchise, is being bought. This could be argued to be a different situation to that anticipated by the provisions of the franchise agreement, although of course we would have to see that to be sure, in which case the authority's right to approve might not be valid.

Always good to see firm upward movement. I expect all that short interest will help at some point.

Now then, is there anyone from Portland in the house tonight?
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