Comcast to Buy Time Warner Cable

[Alexander The Great]

http://blogs.barrons.com/techtrader...ble-in-44-2-billion-all-stock-deal-says-cnbc/

CNBC‘s David Faber this evening tweeted that multiple unnamed sources have indicated to him that Comcast (CMCSA) will announce tomorrow a deal to purchase Time Warner Cable (TWC) for $159 per share, in an all-stock deal.

With 277.9 million Time Warner Cable shares outstanding, the deal would have a market value of $$44.2 billion. With Time Warner Cable stock closing up in today’s session at $135.31, up 41 cents, the deal would offer TWC holders a nearly 18% premium.

Comcast is apparently willing to divest three million subscribers to satisfy any regularity issues about the deal, Faber subsequently tweeted, and he wrote in a subsequent bit, “Comcast deal for $TWC does not face ownership cap restrictions, but sure to get tough review from FCC.$CMCSA wants to avoid consent decree.”

The deal would end months of speculation that had involved scenarios about Charter Communications (CHTR) buying all or part of Time Warner Cable, or possibly partnering with Comcast.

 

[satam55]

I was just about to post this.

 

[ORDER_66]

ABANDON SHIP!

 

[Serious]

crazy...

 

[Chesirecatdaddy]

fukk




this is a monopoly


where is the guberment????


Where is ja rule??


someone has to step in

 

[HookersandIceCream]

That's 60% of the market

 

[beanz]

 

[Prince Akeem]

How is this legal???

 

[Chesirecatdaddy]

comcast is horrible

fukking despise them


pretty sure they're the main ones behind this tiered internet bullshyt, even tho i haven't done the knowledge

 

[StatUS]

FCC

 

[Wildin]

Woooooo!

 

[LezJepzin]

I didn't know Time Warner was for sale

 

[The_King_of_Everything]

fukk




this is a monopoly


where is the guberment????


Where is ja rule??


someone has to step in

 

[J-Nice]

comcast is horrible

fukking despise them


pretty sure they're the main ones behind this tiered internet bullshyt, even tho i haven't done the knowledge

Have you kept up with the whole internet neutrality thing? Comcast and a host of companies are behind it.

 

[Chesirecatdaddy]

Have you kept up with the whole internet neutrality thing? Comcast and a host of companies are behind it.

nah i haven't been but I'm sure comcast is the main culprit the others are probably just following the lead. Aren't they the biggest in the nation? I know they run the whole southeast nikkaz own fukking nbc .