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Time Warner Cable to acquire DukeNet Communications

Time Warner Cable Inc. (NYSE: TWC) announced on Monday that it has agreed to acquire DukeNet Communications in an all-cash deal estimated at $600 million. The deal also assumes repayments of debt. The acquisition will help Time Warner Cable to expand its internet service business for its institutional customers. Charlotte based DukeNet, is currently owned [...]

October 7th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment

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