Smoother Sailing For Charter-TWC Than Failed Comcast Buy
Law360, Washington (April 26, 2016, 9:55 PM EDT) -- The massive merger between Charter and Time Warner Cable has advanced through the regulatory process with fewer hang-ups than in Comcast's turbulent, abandoned deal last year, which shows that regulators saw an opportunity to force conditions without creating a company so big that it would spark a massive outcry, experts said.
The U.S. Department of Justice reached a settlement on Monday that would allow Charter Communications to acquire Time Warner Cable for $78 billion and Bright House Networks LLC for $10.4 billion on condition that it wouldn't hinder online video distributors from getting programmers' content. Federal Communications Commission Chairman Tom Wheeler also...
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