Saw this statement on NBR on Friday, 4/17:
Attorneys at the Department of Justice may be close to opposing
Comcast`s $45 billion proposed acquisition of Time Warner (NYSE:TWX)
Cable.
According to a report by Bloomberg, lawyers in the antitrust
division are nearing a recommendation to block the deal because of
concerns consumers could be harmed. The review could be submitted as
soon next week.
Shares of Time Warner (NYSE:TWX) Cable fell more than 5 percent. And
Comcast (NASDAQ:CMCSA) (NYSE:CCS), the parent company of CNBC which
produces this broadcast, dropped 2 percent.
Full transcript is at
http://nbr.com/2015/04/17/transcript-nightly-business-report-april-17-2015/
Interesting because NBR is owned and operated by CNBC.
bp
<part15sbs{at}gmail{dot}com>
On 4/9/2015 5:07 PM, Tim Reichhart wrote:
Today
I had an construction rep from twc come out to my location to see
where fiber was going to be laid out at and he was telling me that
TWC/Comcast merger will happen later today and he was telling me also
that TWC mid ohio/woh/neo will be going to charter. He also said about
Indiana was that Comcast will put Indiana under spin co for first 3
months then after that charter will be taking over since charter is
buying out bright house which uses twc network. He also said this
merger will happen later this year and also he seemed happy that
charter will be taking over TWC instead of Comcast.
Tim
