- 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.
at Zacks.com (Nov 18, 2014)