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by gorner
4509 days ago
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It's an all-stock deal though. Comcast isn't actually paying any money (in fact I believe they still have a significant amount of debt from buying NBC), instead they're proposing giving TWC shareholders the equivalent of $45B in new Comcast shares in exchange for giving up their collective ownership of TWC. But yeah, Comcast and TWC's recent lobbying efforts in general sound pretty suspect. Not defending that aspect by any means. |
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