US largest cable company Comcast 45.2 billion dollar takeover Time Warner Cable
Source: Internet
Author: User
KeywordsComcast Comcast Time Warner Cable
[Guide] America's largest cable company Comcast plans to buy a 45.2 billion dollar price for the second Time Warner Cable. Tencent Science and Technology Hua February 13 report According to Reuters, two people familiar with the matter said that Comcast (Comcast), the largest cable company in the United States, planned to buy the market's second-Time Warner Cable company at $158.82 a share, at $45.2 billion a day Warner Cable). Comcast plans to complete the acquisition in the form of a full stock deal, which is expected to be released in Thursday. As details of the deal have not yet been made public, people close to the situation declined to disclose their names, but said Comcast planned to buy all the shares of Time Warner Cable in a friendly way. The deal needs to be approved by U.S. regulators, and Comcast expects the deal to be completed by the end of 2014. People familiar with the matter said the synergy effect created by the merger would reach $1.5 billion trillion, with 50% of the synergies expected to occur in the first year. At present, Kang Custer is planning to divest its 3 million U.S. users as part of the deal. Charter Communications, the fourth-largest cable system company in the United States, had bid 132.5 dollars for a share that was rejected by Time Warner Cable. Comcast is a major U.S. cable TV, broadband network and IP Telephony service provider. With 24.6 million cable TV users, 17 million broadband internet users and 8.6 million IP phone users, it is the largest cable television company in the United States. The company is also the second largest Internet service provider in the United States after at&t. Time Warner Cable has 14.7 million cable TV users, 7.2 million broadband network users and 2.3 million IP phone users.
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