The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo44° Mostly Clear

Thursday

Hi75° Sunny

Thursday Night

Lo48° Mostly Clear

Friday

Hi78° Sunny

Friday Night

Lo48° Mostly Clear

Saturday

Hi79° Sunny

Saturday Night

Lo50° Mostly Clear

Sunday

Hi80° Mostly Sunny

Sunday Night

Lo51° Partly Cloudy

Monday

Hi79° Mostly Sunny

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