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CMCSK (MM)

58.00
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:CMCSK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 58.00 0 01:00:00

Comcast, TWC in Talks to Sell $20 Billion in Assets to Charter

18/04/2014 7:20pm

Dow Jones News


Comcast (NASDAQ:CMCSK)
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Comcast Corp. (CMCSA, CMCSK) and Time Warner Cable Inc. (TWC), seeking to smooth their $45 billion merger deal with regulators, are in early-stage talks with Carter Communications Inc. (CHTR) 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

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