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Title    "Sources" Say Comcast-Time Warner Merger is Dead
Date    Friday April 24 2015, @07:25AM
Author    martyb
Topic   
from the bring-out-your-dead! dept.
https://soylentnews.org/article.pl?sid=15/04/24/026251

takyon writes:

Comcast is reportedly backing out of its planned acquisition of Time Warner Cable. What's more, Comcast will not have to pay a breakup fee... unlike AT&T after its failed merger with T-Mobile US. Time Warner Cable CEO Rob Marcus will forgo $80 million due to the failure of the acquisition.

Links

  1. "takyon" - https://soylentnews.org/~takyon/
  2. "backing out" - http://www.theregister.co.uk/2015/04/23/comcast_45bn_twc_gobble_declared_dead_in_the_water/
  3. "planned acquisition" - https://soylentnews.org/article.pl?sid=15/04/22/0222218
  4. "breakup fee" - https://fortune.com/2015/04/23/comcast-time-warner-cable-next/
  5. "failed merger with T-Mobile US" - http://www.theregister.co.uk/2015/03/31/how_much_did_tmobile_make_from_failed_att_buyout_how_about_77bn/

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printed from SoylentNews, "Sources" Say Comcast-Time Warner Merger is Dead on 2024-03-29 15:16:08