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Who Knew Charles Bukowski Was Such an Active Investor?

Peter Kafka covers media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.

“Like skid row junkies in the final wretched tremens of downward spiral, telecom/cable/satellite investors now appear to need a deal fix almost daily to stave off the messy crisis of incontinence that comes with the inevitable withdrawal. Never mind the fundamentals… just spin the bottle. Today’s deal is AT&T and DirecTV.”

— MoffettNathanson analyst Craig Moffett, who is underwhelmed with AT&T’s plan to buy DirecTV for $50 billion, in a note published this morning.

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