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Monday, February 9, 2015

Takeover Digest- New York Times business news - Feb 9, (NYSE: TWC), (NYSE: TWX)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * The Consumer Financial Protection Bureau is starting to draw up regulations that could sharply reduce the number of unaffordable loans with high interest rates from payday lenders.(nyti.ms/170xu9v)* A year after it was announced, Comcast Corp's audacious acquisition of Time Warner Cable Inc remains in limbo as Washington regulators scrutinize the deal. The air of inevitability around Comcast's proposed $45 billion acquisition of Time Warner Cable has dissipated as the F.C.C. prepares to vote on a proposal to regulate the Internet like a utility. (nyti.ms/1uu1dlB)

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 0.73% or $-1.08/share to $146.60. In the past year, the shares have traded as low as $128.78 and as high as $155.95. On average, 2590470 shares of TWC exchange hands on a given day and today's volume is recorded at 1854007.

Time Warner Inc. (Time Warner), is a media and entertainment company. Shares of TWX traded higher by 0.5% or $0.4/share to $80.38. In the past year, the shares have traded as low as $59.87 and as high as $88.13. On average, 4345490 shares of TWX exchange hands on a given day and today's volume is recorded at 5049502.



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