31.   Brian Roberts said Monday that even though his family would no longer have effective voting control, the merged company would still be dominated by the Comcast culture.

32.   But a merged company would face a number of significant challenges.

33.   But Barbuto said he still fears what will happen if the merged companies end up selling or closing some stations.

34.   But Catacosinos got the money even though he was staying on as chairman and chief executive of the merged company.

35.   But figuring out whether the power-sharing agreements made by top executives of the merged companies will work is nearly impossible.

36.   But big institutional investors can be fickle and such money can flee the merged company when earnings growth appears to slow.

37.   But he said the new HP will probably be forced to shed large portions of the merged company.

38.   But he did give some indication as to why he thinks a merged company could better provide services in a rapidly changing technology world.

39.   But it should not bother shareholders, who will be paid well in shares of the merged company.

40.   But securities analysts said dismissals would inevitably follow, as the merged company cut costs by eliminating overlaps in sales, research and the headquarters staff.