Massive Merger

Massive Merger

Comcast announces plan to acquire Time Warner Cable in $45-billion merger.
(NBC News)  Two titans in cable, TV and internet want to join forces.

Comcast has announced that it plans to buy Time Warner Cable for $45.2-billion in stock.

The deal, which would impact a combined 33 million subscribers, would make Comcast the nation's largest cable and internet provider.

(Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and NBC News)

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