Comcast will soon announce a deal to acquire Time Warner Cable

The Time Warner Cable sweepstakes might be over. Just a few months after it was first reported that the second-largest cable firm in the nation was looking to be acquired, Comcast, the number one cable provider, has made an offer of $45.2 billion for the company. According to multiple reports, the deal is set to be officially announced Thursday, with Comcast offering $158.82 per share in an all-stock deal.