Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nasdaq  >  Comcast Corporation    CMCSA

News SummaryMost relevantAll newsSector news 

Comcast, Time Warner Cable, in Talks to Sell $20 Billion in Assets to Charter Communications -FT

04/18/2014 | 01:46pm US/Eastern

Comcast Corp. (CMCSA, CMCSK) and Time Warner Cable Inc. (>> Time Warner Cable Inc), seeking to smooth their $45 billion merger deal with regulators, are in early-stage talks with Carter Communications Inc. (>> Charter Communications, Inc.) on a possible sale of assets, the Financial Times reported Friday on its website, citing people familiar with the matter.

Those assets under discussion -- valued at up to $20 billion -- include selling between three million and five million subscribers to Charter. A second option under discussion would see Comcast and Time Warner Cable spin off subscriptions into a new company in which Charter would be given a substantial minority stake, the FT reported.

Time Warner Cable and Charter declined comment to the FT.

Web site: www.ft.com

Write to nymonitoring@dowjones.com

Stocks mentioned in the article : Time Warner Cable Inc, Charter Communications, Inc.
React to this article
10/02 COMCAST : Names Jill Hornbacher Director of External Communications
10/02 COMCAST : JCB Sponsors New "The Flying Dinosaur" Attraction at Universal Studios..
10/01 COMCAST : Business Makes Desk Phones Mobile for Small Business Owners and Employ..
09/30 COMCAST : beefs up Internet Essentials program
09/29 COMCAST : launches Watchable with short-form video (BRIEF)
09/29 COMCAST : Xfinity On Demand Top 20 TV for the Week of September 14 - September 2..
09/29 GENIUS BRANDS : Licenses Classic Gumby Library and Animated ABC Monsters From NC..
09/28 COMCAST : buys majority of Universal Studios Japan (BRIEF)
09/28 Comcast buys majority stake in Universal Studios Japan for $1.5 billion
09/28 Comcast buys majority stake in Universal Studios Japan for $1.5 billion
Duration : Period :
Comcast Corporation Technical Analysis Chart | CMCSA | US20030N1019 | 4-Traders
Income Statement Evolution
More Financials