Comcast In Early Stages Of Time Warner Cable Bid [REPORT]

Comcast Corporation (NASDAQ:CMCSA) (NASDAQ:CMCSK) is in the early stages of a takeover bid for Time Warner Cable Inc (NYSE:TWC), a deal that would unite the country’s two largest cable providers if it were allowed to go through, reports Alex Sherman and Edmund Lee for Bloomberg. Time Warner Cable stocks were up nearly 10% on the news.

Comcast has a clear financial advantage

Even if Comcast Corporation (NASDAQ:CMCSA) (NASDAQ:CMCSK) decides not to acquire Time Warner Cable, or isn’t allowed to by regulators, the threat of a deal could also force Charter...