Editorial

14 Feb 2014 Comcast Corporation Merger with Time Warner Cable

Comcast Corporation Merger with Time Warner Cable - Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Time Warner Cable (NYSE: TWC) today announced that their Boards of Directors have approved a definitive agreement for Time Warner Cable to merge with Comcast. The agreement is a friendly, stock-for-stock transaction in which Comcast will acquire 100 percent of Time Warner Cable’s 284.9 million shares outstanding for shares of CMCSA amounting to approximately USD45.2 billion in equity value. (Davis Polk advised Comcast; Simpson Thacher advised JP Morgan (Financial Advisor).

Financial Centre : New York
Law Firm : Davis Polk 
Lawyer : David L Caplan

Practice Area : Corporate and M&A
Classification : Mergers
Sub-classification : 
Industry : Media

Advised Party : Merger Party
Value USD Equiv : 5000.01-10000.00M

Merger Party Jurisdiction : United States

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Financial Centre : New York
Law Firm : Simpson Thacher 
Lawyer : Robert E Spatt

Practice Area : Corporate and M&A
Classification : Mergers
Sub-classification : 
Industry : Media

Advised Party : Financial Advisors
Value  USD Equiv: 5000.01-10000.00M

Merger Party Jurisdiction : United States