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"While this transaction will make us bigger, that is a good thing, not a problem," said Comcast Executive Vice President David Cohen, who did most of the heavy lifting for the two companies during the hearing.
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In what seemed like the longest six minutes of my life, while watching this transaction, I wondered: Does this beautiful young woman even consider herself a stripper?
(With hindsight, it seems that Black and the bank were the smart players in this transaction, while the state insurance department was the fool for forcing the sale of the junk bonds. That doesn't alter the fact that, if the lawsuit's assertions are true, the Crdit Lyonnais involvement broke the law).
"This transaction, while modest in size, enables us to meet growing consumer demand for online video, and provides us with an established platform to distribute and monetize these interactions across desktops, tablets, smartphones and connected TVs," he says in a statement.
"While there is potential for this transaction to create a truly great airline, there are also risks involved," the unions said in a joint statement.
"It has never been Microsoft's intention to change its existing patent licensing policies as a result of this transaction, so while we disagree with the concerns expressed by MOFCOM [the Chinese Ministry of Commerce], the conditions imposed will not impact our future licensing practices.
Investors spend so much time chasing hot asset classes and hot fund managers that they end up buying high and selling low, all the while incurring transaction costs.
And yet, while the transaction simplifies AOL Time Warner's corporate structure, it also increases the company's debt pressures.
Oculus will remain in its base at Irvine in California while the transaction closes in the second quarter of the year.
In December, Jeffrey Freimark, Grand Union's chief executive, said the deal would be finalized by mid-January, but action was delayed while the transaction was reviewed by the Federal Trade Commission.
He also points out the two companies will remain independent in the marketplace while the transaction undergoes regulatory review.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com