[Berman:] We have some remarkable pictures to show right now. Thousands of people evacuated from a smaller town in southern Chile, where a volcano has erupted twice already and it could blow again. Look at the ash cloud from the Calbuco Volcano. It is nine miles high. It is disrupting air travel, covering much of Chile and parts of neighboring Argentina, and up to two feet of ash. This is a problem. I want to bring in CNN Shasta Darlington live from Santiago in Chile. Good morning, Shasta.
[Shasta Darlington, Cnn Correspondent:] Good morning. Yes, these images are apocalyptic. The first eruption lasted 90 minutes, sending this huge mushroom shaped cloud of ash into the sky. We saw lightning, multicolored clouds, really cinematic if you will for those of us not that close to it. But for the residents, it was absolute panic. Many of them rushed to evacuate. They lined up at gas stations to buy gas, to buy water. Now, of course, officials have evacuated more than 4,400 people. They set up the zone about 13 miles wide around the volcano, trying to isolate it, keep people safe. Luckily, no one has been injured. There was a hiker that was missing, but he was found. What volcanologists are keeping an eye on is the activity. Calbuco has calmed down, but they say it's unstable and it very likely that it will go off a third time. And this is important because we could see more of that ash which is just so damaging for livestock, for agriculture, airports closed down. But also, if we see any significant amount of lava, that could also start melting the glaciers in the region and we could see flooding. So, we're still very much on alert. The tourist towns around there are on alert. And officials say they could widen the area of evacuation if we see a third eruption, John.
[Berman:] Shasta, these pictures are remarkable to look at. Beautiful from afar, but cause for serious concern in the region. We will keep our eye on this. Shasta Darlington, thanks so much. Fifty-four minutes after the hour right now. If you are looking to buy a giant cable company, you may be in luck. One suddenly just became available. Details on one of the biggest mergers gone bust, next.