Comcast Corp. Agrees to Acquire Time Warner Cable - O'Keeffe and O'Malley

Comcast Corp. Agrees to Acquire Time Warner Cable

Feb 13, 2014

Comcast board members have agreed to the acquisition of Time Warner Cable for $45.2 billion in stock. The sale of the business will add about 8 million Time Warner subscribers to Comcast. Antitrust regulators will have the final say in the transaction. Time Warner employs about 28,000 people, with annual sales estimated at $2.6 billion.