Investment News You Can Use : The Comcast / Time-Warner Merger Comcast Corporation CEO Brian Roberts said he was moving full steam ahead with the pending acquisition of Time Warner Cable in spite of growing monopoly and regulatory concerns. As part of the hostile take-over deal Comcast has promised to spend more than $20 billion dollars upgrading its cable network to provide faster broadband speeds, but passage of neutrality regulations could diminish Comcast’s enthusiasm for spending cash if broadband is to be controlled as a utility with limited returns. The BHFG rates Comcast (CMCSA) a SELL @ $54.38 a share The BHFG rates Time-Warner Cable (TWC) a SELL @ $143.71 a share c. 2014, The BHFG
Posted on: Fri, 21 Nov 2014 03:41:39 +0000
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