OT - who owns whom

I mentioned Hanoi Shanghai Bank Corporation awhile back, when I kept
receiving invitations for a HSBC credit card.  Today I was quite surprised
when I read the fine print (I don't have a lot to do here at work) on an
invitation for a General Motors credit card.  The GM card is part of the
HSBC group.
Part of the reason I'm interested, especially today, in such things is....I
settled down to watch the network news broadcasts last night.  Locally, CBS,
ABC, and NBC all air their evening news broadcasts at 6:30 and I tend to
flip around among the 3 channels. But at 6:30 NBC Nightly News was replaced
by the local ABC affiliate's local broadcast.  Yes, local ABC was being
shown in place of nationwide NBC.
It seems that the owner of the ABC affiliate bought the local NBC affiliate
and upon taking posession, fired all but a handful of the local NBC staff.
They say they can operate both stations more efficiently.  Yeah, one news
source for both.  Of course they have to air NBC network news, but obviously
don't want their news shows competing, so now it will be on at 7pm, while
the other 2 are still aired at 6:30.
No big deal?  I am just so sick to death of everyone buying everyone else
out. I think Burpee still owns Heronswood, unless some bigger conglomerate
swallowed them all up.  Marge's recent post about APHIS describes limited
availability to plant material in the future.  How limited will our news
resources be?

Kitty

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