Cuomo Merger Plan Could Cost Comcast 'Pound Of Flesh'

Law360, New York (March 21, 2014, 7:41 PM EDT) -- A plan to beef up New York's ability to scrutinize cable mergers, recently injected into the state's turbid budget negotiations by Gov. Andrew Cuomo, could sharply raise the stakes for Comcast Corp. in its $45 billion bid to gobble up Time Warner Cable Inc. by delaying the deal and making it far more costly, legal experts said Friday.

While passage is no foregone conclusion, the Democratic governor's plan has been characterized as fairly simple. It involves giving the New York State Public Service Commission, which already...
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