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Wednesday, November 27, 2013

Takeover Digest - Wall Street Journal - Nov 27, (NYSE: TWC), (NYSE: TWX)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * The Obama administration is moving to rein in the influence of tax-exempt groups in elections by creating rules to restrict their spending on a wide range of campaign-related activities. ()* Cox Communications is considering jumping into the bidding for Time Warner Cable Inc according to people familiar with the situation, the latest twist in a fast-evolving takeover battle for the second-largest U.S. cable operator. ()

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 3.44% or $4.54/share to $136.56. In the past year, the shares have traded as low as $84.57 and as high as $133.73. On average, 2022640 shares of TWC exchange hands on a given day and today's volume is recorded at 6864890.

Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 1.34% or $-0.89/share to $65.74. In the past year, the shares have traded as low as $45.88 and as high as $70.77. On average, 4183610 shares of TWX exchange hands on a given day and today's volume is recorded at 7080771.



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