Time Warner Cable (TWC) Near Deal To Acquire Insight Communications for $3B
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Price: $103.01 --0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +8.5%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +8.5%
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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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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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