Brilliant Home Networks and Constitution deal wanting much less possible
In line with Reuters Brilliant Home Networks might look to kill its impeding merger with Constitution Communications. After strain from regulators put an finish to Comcast’s effort to buy Time Warner Cable, rumors began circulating that Constitution needed to resurrect its bid for the beleaguered firm. Comcast backing out of the TWC deal triggered a clause within the Shiny Home / Constitution settlement that may permit the 2 to renegotiate the phrases of their merger. The 30 day window for the renewed contract talks ends in roughly two weeks, and sources have instructed that Shiny Home might need to put the kibosh on the acquisition. In response to the Reuters report, Brilliant Home seems to have determined that its within the firm’s greatest curiosity to stay unbiased. A part of that call is probably going fueled by an present settlement with Time Warner, the place the bigger supplier negotiates programing charges for Vibrant Home and shares its know-how with it. A merger with Constitution would kill the prevailing association and weaken its negotiating place.