Time Warner Cable Inc.'s New Suitor: Can Charter R
Post# of 17650
Posted On: 05/30/2015 10:41:15 AM
Time Warner Cable Inc.'s New Suitor: Can Charter Realize Comcast's Shattered Dream?
Charter is offering Time Warner Cable shareholders a combination of cash and stock. At current Charter prices, this amounts to roughly $196 per Time Warner share. The company will also assume responsibility for nearly $24 billion of net debt, lifting the total price tag to $79 billion. If Charter's shares move up or down before the merger is closed, the final sum will be higher or lower, respectively.
Liberty Broadband (NASDAQ:LBRDA) also agreed to buy $5 billion of Charter shares upon the closing of the Time Warner Cable deal.
http://www.fool.com/investing/general/2015/05...lnk0000002
Charter is offering Time Warner Cable shareholders a combination of cash and stock. At current Charter prices, this amounts to roughly $196 per Time Warner share. The company will also assume responsibility for nearly $24 billion of net debt, lifting the total price tag to $79 billion. If Charter's shares move up or down before the merger is closed, the final sum will be higher or lower, respectively.
Liberty Broadband (NASDAQ:LBRDA) also agreed to buy $5 billion of Charter shares upon the closing of the Time Warner Cable deal.
http://www.fool.com/investing/general/2015/05...lnk0000002
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