- Early indications are that the divestiture of 3M subscribers by Comcast (CMCSA +1.2%) could be worth in the neighborhood of $18B.
- The company is moving the assets to pave the way with regulators for a merger with Time Warner Cable (TWC +1.3%).
- Sources indicate that there is strong interest from other cable companies for the Comcast subscribers.
- Inside the numbers: An acquisition cost of $6K per sub seems a bit high to some media analysts unless the cable users lived in a top tier market.
From other sites
The Zacks Analyst Blog Highlights: Verizon Communications, AT&T, CenturyLink and Comcast - Press Releasesat Zacks.com (Thu, 9:30AM)
at MarketWatch.com (Wed, 1:00PM)
at MarketWatch.com (Wed, 12:57PM)
at 4-traders.com (Wed, 2:13AM)
at 4-traders.com (Tue, 11:30PM)
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