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FT: Comcast, Charter could announce $20B customer deal this week

  • Comcast (CMCSA) could this week announce a $20B three-part deal to divest subscribers as part of its attempt to assuage antitrust concerns about its proposed takeover of Time Warner Cable (TWC), the FT reports.
  • Comcast would sell 1.4M subscribers from TWC's network to Charter (CHTR), while Comcast would also place 2.5M subscribers in a new company in which Charter would own 35%. Comcast and Charter would then swap 1.65M customers.
  • The transactions are contingent on Comcast receiving approval for its takeover of TWC.
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Comments (9)
  • DougRk
    , contributor
    Comments (1621) | Send Message
     
    There's little chance this deal won't be approved. Exposes in Forbes show how Dem-donating company mergers get green lighted while Rep-donating ones don't. Plain and simple, a banana republic.
    27 Apr 2014, 09:33 AM Reply Like
  • BISTRO_CFO
    , contributor
    Comments (137) | Send Message
     
    Interesting, which Rep-donating one have not been able to merge?
    27 Apr 2014, 02:09 PM Reply Like
  • idkmybffjill
    , contributor
    Comments (1718) | Send Message
     
    Do you believe everything you read on Forbes?

     

    If so, maybe you shouldn't be investing your own money.
    27 Apr 2014, 04:20 PM Reply Like
  • flux8
    , contributor
    Comments (596) | Send Message
     
    So you took their word for it? Is that because they simply validated something you already believed, or because they provided actual evidence of what they were saying? Like citing an example of a Republican donating company merger that got halted?
    28 Apr 2014, 12:58 AM Reply Like
  • DougRk
    , contributor
    Comments (1621) | Send Message
     
    Do you believe everything this DOJ states?
    30 Apr 2014, 11:08 PM Reply Like
  • idkmybffjill
    , contributor
    Comments (1718) | Send Message
     
    Fortune did a rebuttal of that Forbes piece, basically disproving it. I suggest you learn not to believe everything you read on the internet.
    1 May 2014, 11:26 AM Reply Like
  • DougRk
    , contributor
    Comments (1621) | Send Message
     
    Do you have a link to the rebuttal?
    2 May 2014, 10:56 AM Reply Like
  • idkmybffjill
    , contributor
    Comments (1718) | Send Message
     
    Done - http://bit.ly/1iLCegN
    2 May 2014, 12:20 PM Reply Like
  • redarrow5150
    , contributor
    Comments (1126) | Send Message
     
    What are shareholders going to get in the spinoff?
    27 Apr 2014, 11:14 AM Reply Like
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