INSIGHTS
Comcast Corp has reached a US$45 billion stock deal to buy Time Warner Cable, in a move that would merge the two biggest cable operators in the United States. If confirmed, the transaction would mark Comcast's triumph over the nation's fourth largest cable operator, Charter Communications and its biggest shareholde
Comcast inks $45B stock deal to buy Time Warner Cable
Date: 2014/02/13
Source: AFP
Comcast Corp has reached a US$45 billion stock deal to buy Time Warner Cable, in a move that would merge the two biggest cable operators in the United States.
If confirmed, the transaction would mark Comcast's triumph over the nation's fourth largest cable operator, Charter Communications and its biggest shareholder, Liberty Media Corp.