LOS ANGELES – Comcast has agreed to buy Time Warner Cable for $45.2 billion in stock, or $158.82 per share, in a deal that would combine the top two cable TV companies in the nation.
Thats according to a person familiar with the matter who spoke on condition of anonymity because it had not been announced formally. An announcement is set for this morning, the person said.
The price is about 17 percent above Time Warner Cable shares closing price Wednesday.
November trial set for bombing suspect
Boston Marathon bombing suspect Dzhokhar Tsarnaev was given a November trial date over the strenuous objections of his attorneys, who said Wednesday that they wont have enough time to mount a defense in a terrorism case that carries a possible death penalty.
The Nov. 3 trial date is nearly a year earlier than the earliest date requested by Tsarnaevs lawyers, but it is in line with what prosecutors had sought.
Federal prosecutors announced last month that they will seek the death penalty against Tsarnaev, who is charged in twin bombings that killed three people and wounded more than 260.
Convicted rapist, killer put to death
A man was executed Wednesday night in Florida for raping and killing 9-year-old Jimmy Ryce 18 years ago, a death that spurred the victims parents to press nationwide for stronger sexual predator confinement laws and better handling of child abduction cases.
Juan Carlos Chavez, 46, was pronounced dead at 8:17 p.m. Wednesday after a lethal injection at Florida State Prison, according to Gov. Rick Scotts office. Chavez made no final statement in the death chamber.
Jurors deliberate in loud-music killing
A 47-year-old Florida man reacted viciously in an argument with teenagers over loud music in a store parking lot and fired multiple shots into their vehicle, killing one of them, then drove away as if nothing happened, a prosecutor said Wednesday during closing arguments at the mans trial.
Defense attorneys argued, however, that the state failed to prove its case or show that Michael Dunn hadnt acted in self-defense.
Jurors began deliberating in the late afternoon on whether Dunn committed first-degree murder when he fatally shot 17-year-old Jordan Davis outside a Jacksonville convenience store in 2012.
They deliberated for three hours Wednesday night before recessing for the night. Before they left, they asked to see a convenience store security video that captured sounds of the gunshots. They said they wanted to watch the video today.