Haley Miller, April Brooks-Price, Heather Henley, Germaine Wright, and Anthony Young
American InterContinental University
Abstract
Included in this paper the firms I the proposed merger are described thoroughly. Annual sales and extent of their operations are listed. The incentives to consolidate from the firm’s point of view are shown. The product, production methods, scale of production, and sources for raw materials are described along with the technologies used. Also both the pros and cons of the argument in favor for and against the proposed merger are given and explained.
Comcast and Time Warner Cable Merger
Part One The name of the merger my group and I are assessing is the Comcast and Time Warner Cable Merger. There are three firms involved in the Comcast and Time Warner Cable Merger (Comcast, Time Warner Cable, and Charter Communications). The first firm is Comcast. Comcast is a public, NASDAQ, headquarters company type. The annual sales for Comcast in 2013 was $64.66 billion and a one year sales growth of 3.34% (Hoovers). Some of the extents of Comcast operation is that Comcast shareholders accounts for 33% of the shareholders vote (Fernandez, Bob). Comcast will issue out $806 million shares for Time Warner Cable to be swapped at a ratio of 2.875 Comcast shares for one Time Warner Cable share (Fernandez, Bob). The second firm involved in this proposed merger is Time Warner Cable. Time Warner Cable is a public, NYSE:TWC, headquarters company type. The annual sale for Time Warner Cable in 2013 was $18.16 billion and a one year sales growth of 8.68% (Hoovers). Some of the of the extents of Time Warner Cable operation after the merger Time Warner Cable will own 24% of Comcast(Fernandez, Bob).
The third and last firm involved in the Comcast and Time Warner Cable Merger is Charter Communications. Charter Communications is a public, NASDAQ:CHTR, headquarters company type also. The annual
References: Fernandez, Bob. Shareholding voting set for Comcast and Time Warner Cable. Philly.com Hoovers, a D&B Company. subscriber.hoovers.com/H/company360/ http://corporate.comcast.com/comcast-voices/comcast-and-time-warner-cable-file-applications-and-public-interest-statement-with-fcc http://offer.res.timewarnercable.com/midwest/twcDeals/?cid=PPC:OMD:43700005417351696&gclid=CJiQmdLi-sACFcm_4Aodx14AFw&gclsrc=ds http://www.corporate.comcast.com/comcast-voices/comcast-and-time-warner-announce-merger-detail-public-interest-benefits-and-undertakings http://www.huffingtonpost.com/2011/12/30/cable-tv-bills-_n_1176266.html http://www.npr.org/2014/02/14/276782460/consumer-advocates-warn-against-comcast-time-warner-merger http://www.technologystudent.com/joints/scalep1.htm Tummarello, K. (2014). FCC Dem: Telecom mergers the result of online competition, Retrieved from http://thehill.com/policy/technology/213131-fcc-dem-telecom-mergers-the-result-of-online-competition