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Comcast to Acquire Time Warner Cable in Deal Worth $45 Billion

Started by blogger, February 14, 2014, 09:01:20 AM

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Comcast to Acquire Time Warner Cable in Deal Worth $45 Billion

News broke Wednesday that Comcast is buying Time Warner Cable for $45 billion in stock. The deal effectively combines the nation’s two biggest cable operators. Although the formal announcement is due this morning, we’re told the boards of both companies have already approved the deal. “With the deal,” The Wall Street Journal reports, “Comcast almost […]

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