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Comcast is looking seriously at acquiring Time Warner Cable, multiple reports said earlier today, prompting rapid fluctuations in TWC's stock price, which spiked 9 percent to $132.16 a share this afternoon (the stock was trading below $120 a share as recently as Wednesday). Part of the stock movement has to do with TWC's attractiveness to more than one suitor: backed by Liberty Media, Charter is also looking at acquiring the cable operator. The Wall Street Journal reported yesterday that Charter is close to securing funding for a bid.
There's a reason Time Warner looks like the prettiest girl at the dance: it has a 11.6
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