2. • Charter Communications is nearing an offer
to buy Time Warner Cable for around $55
billion.
• This will merge the second and third largest
cable companies in the United States.
• This could be a concern to a major industry
rival, Comcast Corp. Comcast is the largest
U.S. cable company.
• The larger company could achieve
economies of scale and pose a major threat
to Comcast.
3. Time Warner shares had been trading
at around $135 a share before the
Comcast deal was announced.
Regulators did not allow the Time
Warner Comcast merger because it
would have created a cable company
with 40% of the U.S. market.
The merger between Charter and
Time Warner would create a
company that has 20% of the
market.
4. Charter Communications is on the acquisition
bandwagon. They will acquire Bright House
Networks, for 10.4 billion. With Time Warner
and Bright House, Charter could have 23
million customers. Comcast has 27.2
customers. That is what Comcast is concerned
about. They could soon lose their position as
the largest cable company in the United
States. Tom Rutledge, Charter’s Executive will
be the CEO of the new company.
5. Time Warner has been a takeover target before. There may
still be companies interested in bidding for Time Warner,
but those in the know, claim the deal between Charter and
Time Warner is done. It is reported that if the deal falls
through though, Time Warner will receive a $2 billion
break-up fee. The outcome of the news could unfold as
early as Tuesday morning.
6. JASON GALANIS INFO
Name: Jason Galanis - Holmby Capital
Group
Address: 1920 Bel Air Road,
Los Angeles,
Califonia, 90077
Email: Jason@holmbycompanies.com
contact@jasongalanis.com
Contact No: 310-425-9575
7. @ 2015. All Rights Reserved By Jason w Galanis.