Comcast Corp said it would sell businesses resulting in a loss of 3.9 million video customers as part of its proposed $45.2 billion merger with Time Warner Cable Inc. As part of the deal, Charter Communications will acquire about 1.4 million Time Warner Cable subscribers, making it the second-largest cable operator in the United States, Comcast and Charter said in a statement.
Charter Communications, Inc. (Charter) provides cable services in the United States, offering a range of entertainment, information and communications solutions to residential and commercial customers. Shares of CHTR fell by 0.37% or $-0.48/share to $130.01. In the past year, the shares have traded as low as $99.41 and as high as $144.02. On average, 1738100 shares of CHTR exchange hands on a given day and today's volume is recorded at 1911733.
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 fell by 0.71% or $-0.99/share to $139.41. In the past year, the shares have traded as low as $92.87 and as high as $147.28. On average, 3586420 shares of TWC exchange hands on a given day and today's volume is recorded at 1690732.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.67% or $-0.44/share to $65.20. In the past year, the shares have traded as low as $55.71 and as high as $70.77. On average, 5765640 shares of TWX exchange hands on a given day and today's volume is recorded at 3997438.
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