Constitution is reportedly about to purchase Time Warner Cable
Constitution’s curiosity in shopping for Time Warner Cable seems to be greater than only a passing fancy. Bloomberg sources declare that the cable firm is on the cusp of reaching a deal to purchase TWC for $195 per share. The finer particulars of the buyout aren’t out there, however Constitution would fold each its new acquisition and Vibrant Home right into a single mega-entity. Reportedly, Constitution might announce the acquisition as early as Tuesday — in that case, it isn’t losing a lot time following Comcast’s failed TWC deal.
Neither aspect is commenting on the rumor. Nevertheless, a hasty buyout means that Constitution is decided to problem the most important US telecom giants. The actual query is whether or not or not regulators shall be any extra favorable to this try at snapping up TWC. Constitution is not as massive as Comcast, however an acquisition would nonetheless scale back the variety of massive rivals and provides the remaining rivals extra sway when negotiating TV and web offers.