Massive merger

(NBC News) Two titans in cable, TV and internet want to join forces.

Comcast has announced that it plans to buy Time Warner Cable for $45.2-billion in stock.

The deal, which would impact a combined 33 million subscribers, would make Comcast the nation’s largest cable and internet provider.

(Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and NBC News)

Read more:

Comments are closed.