Comcast is reportedly backing out of its planned acquisition of Time Warner Cable. What's more, Comcast will not have to pay a breakup fee... unlike AT&T after its failed merger with T-Mobile US. Time Warner Cable CEO Rob Marcus will forgo $80 million due to the failure of the acquisition.
(Score: 2) by hybristic on Friday April 24 2015, @02:27PM
Yeah, but I bet if you just missed out on 80 mil, you'd be a little upset. Even at 9 million a year, 80 million is a lot of money to be missing out on. I agree though; Having not even made close to a million in my lifetime, I can't bring myself to feel for him.