Saturday, November 23, 2013

Comcast considering bid for Time Warner Cable: CNBC (Reuters) - Comcast Corp is a potential bidder for Time Warner Cable Inc, CNBC said on Friday, citing people familiar with the situation. Comcast shareholders are encouraging management to consider a Time Warner Cable deal, these sources told CNBC. Shares of Time Warner Cable jumped 7.3 percent to $129.71 in morning trading, while Comcast was up 3 percent at $48.85. Time Warner Cable prefers Comcast to buy it, the report said.



Comcast considering bid for Time Warner Cable: CNBC (Reuters) - Comcast Corp is a potential bidder for Time Warner Cable Inc, CNBC said on Friday, citing people familiar with the situation. Comcast shareholders are encouraging management to consider a Time Warner Cable deal, these sources told CNBC. Shares of Time Warner Cable jumped 7.3 percent to $129.71 in morning trading, while Comcast was up 3 percent at $48.85. Time Warner Cable prefers Comcast to buy it, the report said.