czwartek, 13 lutego 2014

Comcast takeover of Time Warner Cable to reshape U.S. pay TV

A cable truck returns to a Time Warner Cable office in San Diego, California Comcast Corp's proposed $45.2 billion takeover of Time Warner Cable Inc could face close scrutiny from U.S. antitrust regulators because of the deal's potential to reshape the country's pay TV and broadband markets. The all-stock deal, announced on Thursday, would put Comcast in 19 of the 20 largest U.S. TV markets, and could give it unprecedented leverage in negotiations with content providers and advertisers. The friendly takeover came as a surprise after months of public pursuit of Time Warner Cable by smaller rival Charter Communications Inc, and immediately raised questions as to whether it would be blocked by the Department of Justice or the Federal Communications Commission. Time Warner Cable shares jumped 6.8 percent to $144.50, still substantially short of the $158.82 per share value that Comcast put on its offer, indicating investors' worries about regulatory clearance.








via Tech News Headlines - Yahoo News http://ift.tt/1he8VsX

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