BLOOMBERG Countdown August 6, 2014
Welcome to countdown. A very good morning. Two deals have fallen through. What is going on . Reneges ont murdoch a 25 billion dollar offer for time warner when everybody thought it was not going to go anywhere, does it matter . This has me puzzled for little bit. Of course it matters. Not everyone recognized the capitulation. If you look at the share price, investors thought he would still go for it. Secondly, he has thrown a bone back to foxx investors. It is something they have not they were not anticipating. It is a bit rushed. We have both time warner and fox reporting this morning. You ca...