Comcast Agrees to Buy Time Warner Cable for $45.2 Billion

Business | 206896 hits | Feb 13 7:53 am | Posted by: DrCaleb

Comcast Corp. agreed to acquire Time Warner Cable Inc. for $45.2 billion in stock, a surprise deal that combines the two largest U.S. cable companies and creates a bulwark against competition from phone and satellite providers.

Comments

by xerxes
Thu Feb 13, 2014 8:47 pm
Why not buy the last company as well and control all of the US if you're spending that kind of money?

Another exemplar of one of the two legal concepts that don't exist in the US anymore: Anti-trust laws. (the other is conflict of interest)
by BartSimpson
Thu Feb 13, 2014 9:02 pm
Now Time-Warner will have the same sh*tty service as Comcast. Yay.
by DanSC
Thu Feb 13, 2014 10:23 pm
I'll be surprised if this merger happens. Anti-trust laws blocked AT&T & T-Mobile from merging.

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