The Latest in IT Security

Comcast plans to acquire Time Warner Cable in $45.2 billion deal: sources

13
Feb
2014

(Reuters) – Comcast , the largest U.S. cable company, plans to acquire No. 2 Time Warner Cable for $158.82 per share in an all-stock deal worth $45.2 billion that is expected to be announced on Thursday, according to two sources familiar with the matter. Comcast is planning to acquire all of Time Warner Cables shares in a friendly deal, said the sources, who did not want to be identified because the details of the deal were not yet public. Comcast is planning to divest 3 million of its U.S. subscribers as part of the deal.

Tags:  
Comments are closed.

Categories

SATURDAY, DECEMBER 04, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments