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Charter to merge with TWC and acquire Bright House
2015-05-26 13:00:36| Digital TV News
Charter Communications (Nasdaq: CHTR) and Time Warner Cable (NYSE: TWC) have announced that they have entered into a definitive agreement for Charter to merge with Time Warner Cable.
Tags: house
bright
charter
acquire
Charter agrees Time Warner Cable, Bright House takeovers
2015-05-26 12:05:00| Telecompaper Headlines
(Telecompaper) Charter Communications confirmed an agreement to acquire Time Warner Cable for USD 78.7 billion including debt. The cash-and-shares deal values TWC at USD 195.71 per share, based on Charter's latest share price, or USD 200 based on the average share price in the past 60 days. Charter also announced that it reached an agreement with Advance/Newhouse on acquiring Bright House Networks for USD 2 billion cash plus a minority stake in the merged operator. Assuming both deals are completed, Advance/Newhouse will own 13-14 percent of 'New Charter', TWC shareholders will have 40-41 percent and Liberty Broadband will hold 19-20 percent. The exact ratios will depend on how many TWC shareholders opt for cash or shares under the Charter offer. Liberty Broadband, controlled by cable mogul John Malone and currently Charter's largest shareholder, has agreed to buy USD 4.3 billion of new shares in Charter after the closing of the TWC takeover. It also earlier agreed to buy USD 700 million in Charter as part of the Bright House deal, in order to avoid dilution of its stake in Charter. The combination of Charter, Time Warner Cable and Bright House will create the US's second-largest cable operator, serving 23.9 million customers in 41 states.
As ethanol boom fades, ADM sees bright future for corn in grocery aisle
2015-05-23 14:40:59| Agriculture - Topix.net
May 22 The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. The shift could be one of the most transformative moves ever made by 113-year-old ADM, triggered by signs of strain in its legacy products.
Tags: future
grocery
bright
sees
Dawn captures Ceres mysterious bright spots in closest-yet photo
2015-05-22 19:57:38| Extremetech
NASA's Dawn spacecraft is getting closer to the dwarf planet Ceres, but we still can't be sure what those bright spots are.
Super Bright LEDs come in compact packages with dome lenses.
2015-05-21 14:31:07| Industrial Newsroom - All News for Today
Utilizing ultra-bright AllnGaP on Si chip technology, VLD.1235.. series includes super red (630 nm), red (624 nm), amber (616 nm), and yellow (589 nm) LEDs in 2.3 x 2.3 x 2.8 mm, untinted, SMT packages with dome lenses. Luminous intensity ranges are 5,600–22,400 mcd for super red and 9,000–35,500 mcd for all other colors. Available in gullwing and reverse gullwing versions, LEDs withstand drive currents up to 70 mA, offer ±11° angle of half intensity, and withstand ESD voltages up to 2 kV.
Tags: super
packages
compact
bright
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