#corporate mergers

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Alternative Thinking on the Want Want Broadband Acquisition (CNS Case)

Recently, Facebook has been flooded with media professionals protesting the Want Want Broadband acquisition of China Network Systems (CNS). The controversy has escalated due to the alleged 'hired protester' incident involving a certain scholar, drawing students into the crowds. Critics argue that the merger will create a media behemoth (controlling 12 TV channels and 11 cable systems), threatening freedom of speech and creating a media monopoly in the Republic of China (R.O.C.).