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Comcast Selling Bonds After Time Warner Cable Deal

wochit business
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February 19, 2014 AT 8:05 AM
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.