Comcast Did the Right Thing Bowing Out of Fox Bidding War, Haverty Says

The transcript discusses Comcast's bid impact on its stock, investor pressure, and market strategy. It highlights Fox's regulatory advantage and the time factor in the bidding process. Brian's strategic decision to avoid a bidding war is praised, with a focus on Sky's business potential and Comcast's future steps.

What was the market's reaction to Comcast raising its bid?

• The stock price was unaffected.

• The stock price decreased.

• The stock price increased.

• The stock price remained stable.

Why did Fox have an advantage over Comcast?

• They had a larger market share.

• They had a better market strategy.

• They had regulatory approval.

• They had more financial resources.

What financial principle is highlighted in the discussion about time?

• Time is a limited resource.

• Time is money.

• Time is an investment.

• Time is a liability.

What was Brian's strategic decision regarding Sky?

• To sell Sky to Fox.

• To abandon the Sky acquisition.

• To continue bidding for Sky.

• To pursue Sky and avoid a bidding war.

What was the market's concern about Comcast's potential bidding war?

• It would decrease competition.

• It would strengthen Comcast's market position.

• It would lead to a few winners and many losers.

• It would increase Comcast's stock value.