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Comcast Issues Statement Confirming Time Warner Cable Buy
by Karl Bode 08:26AM Thursday Feb 13 2014
Comcast this morning confirmed reports from last night that the company would be buying (or trying to buy) Time Warner Cable in a deal estimated to be worth around $45 billion. In a statement released this morning, Comcast promises the deal will create a "world-class company" and "meaningful operational efficiencies" resulting in a "superior experience for our customers." You'll of course get to be the judge of that, provided the deal even gets past regulators wary of vertical integration who may not be eager to see Comcast grow larger. Comcast states they expect the deal to close by the end of 2014.


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Seeley

join:2009-01-31
Eatontown, NJ

2 recommendations

Everyone who is AGAINST this Merger, Buyout, or Take-over.....

SIGN THIS PETITION!!!!!!

Stop the Comcast/TimeWarner Cable merger and require more competition in the cable industry | We the People: Your Voice in Our Government

»wh.gov/lQS1k

SPREAD THE WORD!!


old_wiz_60

join:2005-06-03
Bedford, MA

2 recommendations

reply to DCxpat

Re: The blob...

the deal will be approved, no question - bribes work wonders in a government controlled by businesses.



cybah

join:2000-03-09
Chelsea, MA

2 recommendations

reply to battleop

Re: This should be stopped!

Tell me why is that Comcast is ONLY avaliable where I live. No Verizon, No DSL. I can't get a dish either.

So tell me how this isn't a monopoly? I can't get another coax-based cable tv provider.. (actually I can't get ANYTHING excpt Comcast)

So wanna tell me why this isn't a monopoly again?