Charter, Comcast Reach $20 Bln Deal - Presented by: The Aol. On Network

Charter lost out to Comcast in the battle for Time Warner Cable, but it extracted a big consolation prize. It'll get nearly 4 million subscribers from the combined Comcast-Time Warner, and that would vault it from fourth to second among cable operators. The deal is valued at $20 billion. It works like this: Comcast pays more than $7 billion to get 1.4 million Time Warner customers. Comcast then spins off 2.5 million customers into a new company in which Charter will buy a stake.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.72 0.17 ▲ 1.03%
VALE $ 6.81 0.52 ▲ 8.27%
INTC $ 33.27 0.64 ▼ 1.87%
F $ 15.26 0.10 ▼ 0.65%
AAPL $ 129.96 0.58 ▼ 0.44%
PBR $ 8.92 0.55 ▲ 6.57%
FTR $ 5.16 0.08 ▲ 1.57%
ITUB $ 11.05 0.36 ▲ 3.37%

As of 6/2/2015, 04:15 PM