Comcast Weighs Spin-Off of 3 Million Subscribers into New Company -Bloomberg
01 March 2014 - 9:36AM
Dow Jones News
Comcast Corp. (CMCSA, CMCSB), as part of its planned acquisition
of Time Warner Cable Inc. (TWC), is considering spinning off 3
million of its subscribers into a new publicly traded company,
Bloomberg News reported Friday, citing people with knowledge of the
matter.
Such a move may ease regulator concerns about a Comcast deal for
Time Warner Cable, one person told Bloomberg.
Full story at:
www.bloomberg.com/news/2014-02-28/comcast-said-to-weigh-subscriber-spinoff-after-time-warner-deal.html
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