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This merger is expected to create a behemoth in the streaming space that will be able to trade blows with the likes of Netflix or Disney seemingly overnight.
The market is slowly starting to pick up on the pure value proposition from this merger, with shares of the company trading at the $30 level again.
As regulatory burdens are being cleared up one by one, the gap between the price and the value of the stock has not yet closed, with much more to be made on the upside.