The U.S. Federal Communications Commission said on Friday it paused its "shot-clock" on the review of the proposed $45 billion merger between the two largest U.S. cable providers, Comcast Corp and Time Warner Cable Inc.
Tags: Time Warner Cable Inc
$1.68-tn M&As in 2015 nearing dotcom-driven 2000's $1.73-tn record mark
Dell's latest acquisition deal to buyout EMC for $67billion is the biggest merger and acquisition (M&A) deal for the US technology sector in 2015 so far. About $1.68trillion worth M&A deals in the US have been announced year-to-date (YTD). The M&As in 2015 with less than three months left is just short of $1.73trillion, the full-year record level for M&As 15 years ago.
Comcast to acquire majority stake in Universal Studios Japan
Comcast Corp. is getting a 51% stake in Universal Studios Japan Co. The US cable company has announced its NBCUniversal unit will pay Goldman Sachs and other owners of USJ Co. $1.5 billion for the majority stake.
Charter Communications nears $55 billion deal for Time Warner Cable - sources
Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday.
Altice seeks financing for Time Warner Cable bid: sources
French telecommunications group Altice SA is talking to several banks about raising debt for a potential bid for Time Warner Cable Inc, the second-largest U.S. cable operator, according to people familiar with the matter.
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The City of Los Angeles sued Time Warner Cable Inc for its failure to pay franchise fees amounting to nearly $10 million in the past, the Los Angeles Times reported.
Time Warner Cable's 462% total returns may help convince its shareholders to reject Charter Communications' $62 billion offer or to not press for a sale. Time Warner Cable is seeking a takeover bid of $150 per share.
The following bids, mergers, acquisitions and disposals were reported on Friday including ITC Holdings, Dave & Buster, Time Warner Cable, Banca Etruria, Cube Capital, Cargolux, Simon Property and Versace.
Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said.Comcast brought in the bank to help review options as speculation about cable industry consolidation increased in the past several months, one of the people said.
Rob Marcus, the incoming Chief Executive Officer of Time Warner Cable Inc, said he is the perfect guy to manage cable company's mergers and acquisitions component.
Charter Communications Inc is raising USD25 billion in debt to fund the acquisition of Time Warner Cable Inc, according to a source familiar with the matter.
A joint bid that would later split up Time Warner Cable between Comcast Corp and Charter Communications Inc may allow the deal to avoid strict scrutiny from antitrust regulators and the Federal Communications Commission.
Charter Communications was reportedly nearing an agreement with investment banks to borrow money for its bid for Time Warner Cable Inc. Charter has held talks with Bank of America Corp., Barclays Plc and Deutsche Bank AG.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
