The all-stock deal was approved by the boards of both companies. It is expected to close by the end of the year, pending shareholder and regulatory approvals. The price amounts to $158.82 per share for Time Warner Cable’s roughly 285 million outstanding shares and is about 17 percent above that stock’s Wednesday closing price of […]
Time Warner
Posted inMaine, sj-web
Time Warner Cable decides to keep NECN
In a reversal of a previous decision, Time Warner Cable has opted to continue carrying the New England Cable News channel. A Time Warner Cable spokesman wrote to the Bangor Daily News on Friday afternoon that upon “further discussion,” the company had decided to keep the New England-centric, 24-hour news channel as part of its […]
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Posted inBusiness, sj-web
Time Warner blackout of CBS goes into 2nd day
Time Warner Cable’s blackout of CBS continued Saturday, and neither side indicated a resolution of their dispute over fees is imminent. Time Warner dropped CBS Friday in New York, Los Angeles, Dallas and several other cities, leaving three million customers without the network’s programs. The issue is fees that the cable company pays CBS to […]