They've bitten off so much now, and there's so much to do organically, that it doesn't make much sense to do too many more acquisitions at this point.
More Quotes from Matthew Harrigan:
Extending the debt payment gives them a chance to build their business,Matthew Harrigan
They're having trouble adding customers. Their market is getting very saturated and they don't have a bundle like the cable companies do, so it's difficult for them.
Matthew Harrigan
The Weather Channel is one of the few remaining privately owned cable channels out there. If there were a deal it would probably make sense for a company that also owned a broadcast network to buy it.
Matthew Harrigan
The biggest issue for investors is concern about the airlines and lodging industry trying to capture more discounts rather than going through third parties.
Matthew Harrigan
The later maturities give the company more wiggle room, but they need to do a better job executing. They haven't proven they can do that yet.
Matthew Harrigan
There's a perception that he likes to have his toys.
Matthew Harrigan
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