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Companies Comcast and Time Warner Ciibls approved the merger between them - will establish a new company valued at $ 45 billion. By transaction information disclosed, Comcast (Comcast) will acquire 100% stake in Time Warner Cable (Time Warner Cable) - When each shareholder of Time Warner will to -2.875 shares of Comcast. This is a merger of the two largest cable companies in the United States.
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Upon completion of the transaction, Comcast, effectively bypasses the fourth-largest cable operator in the U.S., Charter Communications, negotiating the purchase of eight months Time Warner. Charter has already offered phat pants three proposals to acquire the company when the last position on the price of U.S. $ 132.5 per share.
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