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Jim Cramer Says Comcast-Time Warner Cable Deal Will Get Approved

August 24, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Co-Portfolio Manager Jim Cramer says Comcast’s agreement to acquire Time Warner Cable for $45 billion in an all-stock deal is a good opportunity for Comcast to stem Time Warner’s under performance. Cramer says the biggest opponents to the deal will likely be broadcasters who are hoping to continue to generate large fees. But, Cramer doesn’t believe their voice will be loud enough in Washington. Cramer expects the deal to be approved by the end of 2014.

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