Comcast to Buy Time Warner Cable…

Business Insider’s Jay Yarrow writes about Comcast making an offer for 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 today’s closing price. It would value Time Warner Cable at ~$45 billion. Comcast is valued at $146.5 billion.

This would make one gigantic cable company.

No kidding. I really don’t see how this clears anti-trust without severe divestment on Comcast’s part…

4 Responses to “Comcast to Buy Time Warner Cable…”

  1. So how much do they currently overlap as competeters?

  2. Better Comcast than Charter. This may end Charter’s trying to dominate all cable TV in Nebraska outside of Omaha (which has Cox). Lincoln and the surrounding area has Time Warner and Charter has pretty much the rest of the state.

  3. Could it mean lower cost to consumers by increased negotiating clout with programming suppliers?

  4. This will never get past regulators. It is akin to United Continental merging with American Airlines. Actually it is worse.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: