Comcast sees TWC takeover closing later

Thursday 26 March 2015 | 09:06 CET | News
Comcast pushed back the expected closing date of its takeover of Time Warner Cable to mid-2015. It previously expected to complete the deal in early 2015. The FCC and Department of Justice are still reviewing the acquisition. The FCC recently paused its investigation again to consider disclosure of information to third parties commenting on the mergers about programming contracts between the merging companies and broadcasters. While Comcast awaits the regulatory approval, it continues to lobby on the expected benefits of the merger. The company announced the delay in completion in a blog

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Categories: Fixed
Companies: Comcast / FCC / Time Warner Cable
Countries: United States
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