Tuesday, 06 December 2016

Comcast snatches Time Warner Cable away from Charter

By Nick Wood, Total Telecom
Thursday 13 February 14

$45.2 billion deal to create U.S. cable giant with more than 30 million subscribers.

As anticipated, Comcast agreed on Thursday to acquire smaller rival Time Warner Cable (TWC) in an all-stock deal worth $45.2 billion. The transaction will result in TWC owning 23% of Comcast's common stock, with a value to TWC shareholders of $158…

As anticipated, Comcast agreed on Thursday to acquire smaller rival Time Warner Cable (TWC) in an all-stock deal worth $45.2 billion. The transaction will result in TWC owning 23% of Comcast's common stock, with a value to TWC shareholders of $158…

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