UPDATE 1-Market Chatter-Corporate finance press digest

Thu Feb 13, 2014 1:00am EST
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Feb 13(Reuters) - The following corporate finance-related stories were reported by media:

* Comcast, the largest U.S. cable company, plans to acquire No. 2 Time Warner Cable for $158.82 per share in an all-stock deal worth $45.2 billion that is expected to be announced on Thursday, according to two sources familiar with the matter.

* France's Danone is weighing a sale of its tube feeding products unit which could fetch over 3 billion euros ($4.10 billion) as it expands its dairy business in higher-growth emerging markets, three people familiar with the deal said.

* Merck's effort to sell its portfolio of well-known consumer brands including Coppertone sunscreen and Claritin allergy pills is kicking into high gear, with big consumer and health care industry players expected to put in bids that could top $10 billion, the Wall Street Journal reported, citing people familiar with the matter. ()