The Wenatchee World

Weather:

Weather

Five-day forecast

Remove this weather forecast

Tonight

Lo40° Showers Likely

Friday

Hi60° Breezy

Friday Night

Lo38° Partly Cloudy

Saturday

Hi65° Partly Sunny

Saturday Night

Lo40° Partly Cloudy

Sunday

Hi64° Partly Sunny

Sunday Night

Lo43° Mostly Cloudy

Monday

Hi67° Mostly Cloudy

Monday Night

Lo46° Chance Showers

Tuesday

Hi62° Slight Chc Showers

Comcast to buy Time Warner Cable for $45 billion

Send to Kindle
Print This

LOS ANGELES — Comcast Corp. has agreed to buy Time Warner Cable Inc. for $45.2 billion in stock, or $158.82 per share, two people familiar with the matter said late Wednesday.

The deal will combine the nation’s top two cable TV companies and make Comcast, which also owns NBCUniversal, a dominant force in both creating and delivering entertainment to U.S. homes. The deal was approved by the boards of both companies and, pending regulatory approval, is expected to close by the end of the year.

View my optionsorSign in