Additional Information
Market: NYSE
Sector: Media
EPIC: TWC
Latest Price: 142.98  (1.46% Ascending)
52-week High: 154.66
52-week Low: 116.88
Market Cap: 39,961.30M
1 year chart
1 day chart
Time Warner Cable
www.timewarnercable.com
Time Warner Cable Inc. is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. As of December 31, 2011, TWC served approximately 14.5 million customers who subscribed to one or more of its three primary services, totaling approximately 27.1 million primary service units.

Time Warner Cable an acquisition target: report

19th Jul 2013, 11:39 am by Anwar Ali
Time Warner Cable already rejected Charter, less than half the size of its target, because the informal bid did not offer much of a premium. Time Warner Cable already rejected Charter, less than half the size of its target, because the informal bid did not offer much of a premium.

Time Warner Cable Inc. (NYSE:TWC) is being pursued, based on a report that billionaire-backed cable provider Charter Communications (NASDAQ:CHTR) is teaming up with Goldman Sachs Group (NYSE:GS) to buy the company. 

Bloomberg cites sources who say John Malone, who paid $2.6 billion for a 27 per cent stake in Charter, is mulling over the idea with Charter's chief executive officer Tom Rutledge.

Time Warner Cable already rejected Charter, less than half the size of its target, because the informal bid did not offer much of a premium. 

There were no other details, including how much Charter and Goldman would pay and how they would divide up ownership.

Seperately, Time Warner Cable said CBS is charging the company 600 per cent more than what it pays in other U.S. regions for the same content. Time Warner Cable says it is "negotiating very hard for a reasonable price ... so that our customers don’t have to endure yet another broadcaster blackout."

Time Warner Cable shares rose nearly three per cent to $117.29, while Charter gained 2.8 per cent to $128.03.

No investment advice


Proactive Investors North America Inc, trades as "Proactiveinvestors USA & Canada".


You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.


You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.


From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.


You understand that we may be providing advertising and/or marketing services to companies mentioned on the site. A full list of companies that are paying for services from us, or our affiliated companies in the UK and Australia can be viewed here