Time Warner Cable (TWC) Near Deal To Acquire Insight Communications for $3B

August 15, 2011 7:26 AM EDT
Time Warner Cable Inc. (NYSE: TWC) is near a deal to buy Carlyle Group's Insight Communications Co. for about $3 billion, according to various reports this morning.

A deal could be announced as soon as today. The talks are not finalized and the deal could still fall through.

This would be Time Warner's largest deal since being spun-off from Time Warner in 2009.

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