Seems to me that it is all about who gets to use the billions of net operating losses that accumulated as siri fought to stay alive during that shameful FCC merger fight. I'll never forget those congressional hearings. CEO of LM wants those tax breaks on LM balance sheets. Those painful losses could be helping increase siri earnings now and helping lift the stock. siri longtime shareholders deserve it. FCC Cops nearly killed siri and now LM just cherry picks the tax breaks. Shameful.Am I missing something?
I will let my shares ride if siri is absorbed by Liberty Media. I give John Malone a lot of credit. Look at what he acquired for a mere $300 million. He knows how to make money.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |