Home From the Wires Comcast to buy Time Warner Cable

Comcast to buy Time Warner Cable

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Thursday, February 13, 2014

Reuters: Comcast Corp. will purchase Time Warner Cable Inc. for $45.2 billion.

The cable provider resulting from the merger will boast a footprint spanning from New York to Los Angeles with a near-dominant position in broadband Internet which may raise the hackles of anti-trust regulators.

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