Comcast Is Buying Time Warner Cable

The deal was just announced. Comcast ($CMCSK) is buying Time Warner Cable ($TWC). It’s an all-cash deal and it will be for $159 per share. David Faber is reporting (tweeting) that the ratio will be 2.875.

I’m agnostic on the deal, but it doesn’t seem to be a bad price. I think Comcast had to do something, so this makes sense. However, I’m always a bit skeptical of mega-deals.

Interestingly, check out the trading in TWC today.

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Markets are efficient, right?

Posted by on February 12th, 2014 at 10:14 pm


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