David Faber of CNBC tweeting late Wednesday evening:
Market News and Data brought to you by Benzinga APIsComcast to buy Time Warner Cable in all stock deal worth $159 per $TWC share- sources. Deal set for tomorrow morning. Ratio is 2.875 $CMCSA.
— DAVID FABER (@davidfaber) February 13, 2014
In a follow-up tweet minutes later, Faber assures the potential deal would be scrutinized by the FCC. Comcast would be willing to divest three million subscribers in such a deal did go through, according to Faber's source.
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