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Comcast to purchase Time-Warner Cable

Discussion in 'News' started by James Long, Feb 12, 2014.

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  1. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    Comcast to purchase Time-Warner Cable

    Comcast is set to buy Time Warner Cable in an all-stock deal that values Time Warner at $159 per share, CNBC's David Faber reports on Twitter.

    At $159, Comcast would be paying an 18% premium to the stock's closing price. It would value Time Warner Cable at ~$44.4 billion. Comcast is valued at $146.5 billion.

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