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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Comcast To Devour Time Warner Cable In Multi-Billion Buyout
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Author Topic: Comcast To Devour Time Warner Cable In Multi-Billion Buyout  (Read 259 times)

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Offline GhostShip

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Comcast To Devour Time Warner Cable In Multi-Billion Buyout
« on: February 13, 2014, 11:18:42 pm »
Comcast are set to take over one of their rivals for a very large quantity of dollars..   

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-comcast-strikes-deal-to-buy-time-warner-cable-20140212,0,3700600.story#axzz2tCcDyMK4

Quote
Comcast Corp. has reached an agreement to buy Time Warner Cable in a deal valued at $45.2 billion, according to people familiar with the negotiations.

The proposed blockbuster combination is expected to be announced Thursday and would create a video and Internet juggernaut with 30 million subscribers and operations in some of the country's biggest markets, including New York City, Los Angeles, Chicago, Philadelphia and Washington, D.C.

Only time can tell on whether this is good or bad for the end consumer, however its customary to lay off any duplicated staff roles that may be no longer necessary, expect some announcement of redundancies in the future.

WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Comcast To Devour Time Warner Cable In Multi-Billion Buyout
 

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