Comcast Selling Bonds After Time Warner Cable Deal
Comcast Corp. is selling bonds Wednesday, testing investor appetite after the cable operator surprised Wall Street last week by setting plans to buy Time Warner Cable Inc. for about $45 billion in stock. A person familiar with the deal said the size of the sale could be in the $1.5 billion range, and that the sale is unrelated to the Time Warner Cable announcement. The size of Wednesday’s bond deal hasn’t yet been announced.
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