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Posts Tagged ‘Time Warner Cable’

Comcast has just made official the agreement rumored last night: it is acquiring Time Warner Cable in a multibillion-dollar deal. Officially presented as a merger between the two US cable giants, the agreement will see Comcast absorbing 100 percent of TWC in a $45.2 billion all-stock transaction. As a result, current Time Warner Cable shareholders […]

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LOS ANGELES (AP) — Comcast has agreed to buy Time Warner Cable for $45.2 billion in stock, or $158.82 per share, in a deal that would combine the top two cable TV companies in the nation.

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After months of rumors and a public battle with Charter Communications, CNBC reporter David Faber reports that Time Warner Cable will be acquired by Comcast tomorrow. According to sources, the number one cable TV provider in the US make …

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