One month after Time Warner Cable rejected a takeover bid as “grossly inadequate,” the nation’s second-largest cable company has attracted a better offer from a bigger buyer.
In a transaction officially announced last week, Time Warner has agreed to be purchased by Comcast, the country’s leading cable provider. The all-stock deal is valued at about $45 billion, or roughly $67 billion when assumed debt is tacked on.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
