Brief News, USA

Time Warner Cable will be bought by Charter Communications for $55bn or $195 a share. After the drop out from the deal of Comcast, Time Warner Cable have been approached  by Charter, which is the third largest cable television provider. The deal show how consolidation is becoming increasingly important in the Media Industry. The new giant will have to pass by the difficult waters of regulators, which have previously led the Comcast-TWC deal to a stalemate, and further to the drop out of Comcast. TWC’s share closed higher on Friday, and considering the premium Charter is willing to pay, todday Time Warner will soar. In Merger Arbitrage, normally the target company’s share soar following the ews and trying to adjust to the price of the acquiror, while the acquiror’s shares tend to decline.

In TMT, the bigger the better.

Charter Communications

Time Warner Cable


Posted on May 26, 2015, in Uncategorized and tagged , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: