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On February 13, 2014, Comcast Corporation announced its intent to acquire Time Warner Cable. The deal was proposed to take the form of a stock swap, estimated at the time of announcement to be worth about $45.2 billion. [ 1] The two companies argued that the merger would increase their overall scale, allowing the company to become more ...
Time Warner Cable, Inc. ( TWC) was an American cable television company. Before it was acquired by Charter Communications on May 18, 2016, it was ranked the second largest cable company in the United States by revenue behind only Comcast, operating in 29 states. [ 1] Its corporate headquarters were located in the Time Warner Center in Midtown ...
AT&T Inc. also acquired Time Warner in 2016, [19] [20] with the proposed merger confirmed on June 12, 2018 [21] and the aim of making AT&T Inc. the largest and controlling shareholder of Time Warner, which it then rebranded as WarnerMedia in 2018.
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Comcast Corporation (simply known as Comcast, and formerly known as American Cable Systems and Comcast Holdings ), [ note 1] incorporated and headquartered in Philadelphia, is an American multinational telecommunications and media conglomerate. [ 8] The corporation is the fourth-largest broadcasting and cable television company in the world by ...
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