Seeking Alpha

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.
Comments (9)
  • dsr70
    , contributor
    Comments (1404) | 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, 09:33 AM Reply Like
  • BISTRO_CFO
    , contributor
    Comments (85) | Send Message
     
    Interesting, which Rep-donating one have not been able to merge?
    27 Apr, 02:09 PM Reply Like
  • idkmybffjill
    , contributor
    Comments (1553) | Send Message
     
    Do you believe everything you read on Forbes?

     

    If so, maybe you shouldn't be investing your own money.
    27 Apr, 04:20 PM Reply Like
  • flux8
    , contributor
    Comments (582) | 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, 12:58 AM Reply Like
  • dsr70
    , contributor
    Comments (1404) | Send Message
     
    Do you believe everything this DOJ states?
    30 Apr, 11:08 PM Reply Like
  • idkmybffjill
    , contributor
    Comments (1553) | 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, 11:26 AM Reply Like
  • dsr70
    , contributor
    Comments (1404) | Send Message
     
    Do you have a link to the rebuttal?
    2 May, 10:56 AM Reply Like
  • idkmybffjill
    , contributor
    Comments (1553) | Send Message
     
    Done - http://bit.ly/1iLCegN
    2 May, 12:20 PM Reply Like
  • redarrow5150
    , contributor
    Comments (980) | Send Message
     
    What are shareholders going to get in the spinoff?
    27 Apr, 11:14 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|