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Friday, January 23, 2015

Takeover Digest - Wall Street Journal - Jan 23, (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. * King Abdullah bin Abdulaziz al Saud, who insulated Saudi Arabia from the Islamist and democratic forces roiling the Middle East in the name of stability, died at about age 90. (on.wsj.com/1CpNU6Y)* Comcast Corp's proposed merger with Time Warner Cable Inc and Obama's call for stringent new Internet regulations are testing the cable giant's lobbying power. (on.wsj.com/1GF2QCh)

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 1.93% or $2.76/share to $146.09. In the past year, the shares have traded as low as $128.78 and as high as $155.95. On average, 2533530 shares of TWC exchange hands on a given day and today's volume is recorded at 1387180.

Time Warner Inc. (Time Warner), is a media and entertainment company. Shares of TWX traded higher by 1.23% or $0.99/share to $81.72. In the past year, the shares have traded as low as $58.22 and as high as $88.13. On average, 4367890 shares of TWX exchange hands on a given day and today's volume is recorded at 5733975.



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