The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

This Afternoon

Hi75° Chance Showers

Tonight

Lo54° Slight Chance T-storms then Partly Cloudy

Friday

Hi82° Mostly Sunny

Friday Night

Lo57° Mostly Clear

Saturday

Hi86° Sunny

Saturday Night

Lo58° Mostly Clear

Sunday

Hi77° Sunny

Sunday Night

Lo50° Mostly Clear

Monday

Hi72° Mostly Sunny

Monday Night

Lo51° Mostly Clear

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 options or Sign in