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Time Warner Cable to Merge with Comcast in $45 Billion Deal
- Client News
- February 13, 2014
As has been widely reported in the Wall Street Journal, The New York Times and numerous media outlets worldwide, Paul, Weiss client Time Warner Cable Inc. announced its agreement to merge with Comcast Corp. for approximately $45.2 billion. The transaction will create a leading technology and innovation company, differentiated by its ability to deliver ground-breaking products on a superior network while leveraging a national platform to create operating efficiencies and economies of scale. The merger agreement is subject to shareholder approval at both companies and regulatory review and other customary conditions and is expected to close by the end of 2014.
The Paul, Weiss team included, among others, corporate partners Thomas de la Bastide, Charles Googe, Ross Fieldston, John Kennedy, Kelley Parker and Robert Schumer, counsel Stephen Koo and Frances Mi; litigation partners Jay Cohen, Daniel Kramer, Jacqueline Rubin and Aidan Synnott; employee benefits counsel Erin Murphy; environmental counsel William O'Brien; IP counsel Claudine Meredith-Goujon; real estate partner Mitchell Berg; and tax partner Jeffrey Samuels and counsel Alyssa Wolpin.