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Comcast to purchase Time-Warner Cable


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#1 OFFLINE   James Long

James Long

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Posted 12 February 2014 - 10:15 PM

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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