The assets of the company do not vanish instantly as the stock price drops.Once we have 51% of the vote we can vote in a new consumer friendly board of directors to fire the current executives. Comcast is one of the worst run companies in America. It has the worst customer service and only maintains it function by being a monopoly. I have a friend who works with technology provider and Comcast has blown 3 deals with them strictly out of incompetence and laziness.
1st question. You don't upgrade during the transition you upgrade after. Just the roughly 2 billion they paid in dividends could be put to use.
2nd Tv is already dead is is all out IP bandwidth. The last mile doesn't have to be fiber coax is just fine. Also I don't want them to magically maintain a company with no customers, I want the executives fired and the middle management fired and rebuild a customer centric customer own utility. It not a pipe dream it a well worn business model.
3rd Lessig Nader is a joke. You could have one of on the board anyway it doesn't really matter as the economic collapse showed us many boards are just a nepotistic rubber stamp. My Dad still goes through every proxy vote to vote against people he thinks have responsibility for the collapse.
4th it doesn't have to go completely bankrupt, all we need is 51%.