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Friday, November 22, 2013

BRIEF-Comcast Corp is a potential bidder for Time Warner Cable Inc - cnbc, (NYSE: TWC)

COMCAST-TIME WARNER CABLE: * Comcast Corp is a potential bidder for Time Warner Cable Inc - cnbc * Comcast Corp seeking advice on anti-trust and FCC concerns of TimeWarner Cable Inc - cnbc * Comcast corp and Time Warner Cable Inc not activelydiscussing terms- cnbc * Time Warner Cable inc makes clear to Comcast Corp thatComcast is the preferred buyer - cnbc * Comcast corp shareholders encouraging management to consider Time

Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC traded higher by 7.31% or $8.84/share to $129.70. In the past year, the shares have traded as low as $84.57 and as high as $128.17. On average, 1807890 shares of TWC exchange hands on a given day and today's volume is recorded at 2281198.