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Where does Comcast-Time Warner Cable rank?

February 13, 2014: 2:16 PM ET

Comcast's deal for Time Warner Cable would be the 10th-largest merger in U.S. history.


FORTUNE -- Comcast's agreement to purchase Time Warner Cable not only would be the largest U.S. merger of 2014, but would be the tenth-largest U.S. merger of all-time.

That's the word from Thomson Reuters, which uses a $70.2 billion price that includes assumed debt. The deal's equity value is around $45.2 billion.

Since the financial crisis, Comcast-TWC would rank third, behind Verizon Communications' (VZ) $130 billion deal for the remaining 45% in Verizon Wireless from Vodafone, and the $113 billion slit of Philip Morris International (PM) in 2008.

It also is worth noting that both Comcast (CMCSA) and Time Warner Cable (TWC) have been on the Top 10 list before. For Comcast, it was the 2002 purchase of AT&T Broadband. For Time Warner Cable, it was back in 2001 when its then-parent company, Time Warner, merged with America Online.

Below is the full Top 10 list.


Top 10 U.S. M&A deals of all time
Source: Thomson Reuters

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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