Feb 13th 2014, 11:38, by Vlad Savov
Comcast has just made official the agreement rumored last night: it is acquiring Time Warner Cable in a multibillion-dollar deal. Officially presented as a merger between the two US cable giants, the agreement will see Comcast absorbing 100 percent of TWC in a $45.2 billion all-stock transaction. As a result, current Time Warner Cable shareholders will find themselves owning roughly 23 percent of Comcast's common stock.
Monopoly concerns immediately rise to the fore with a merger of this scale, which Comcast will try to allay by making divestitures. It's acquiring TWC's 11 million managed subscribers, but says it's prepared to divest systems that serve roughly 3 million, netting it 8 million from the deal and an overall total of 30...
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