The Federal Communications Commission (FCC) has granted its approval to the merger of Charter Communications Inc., Time Warner Cable Inc. and Bright House Networks LLC, the regulator said in a press release Friday. The two Charter acquisitions, totalling nearly $90 billion US, already received the blessing of the U.S. Department of Justice last month. The FCC’s approval comes with conditions, which the regulator said would be released in detail “in the coming days.”...
The U.S. Department of Justice has given its approval for a pair of Charter Communications Inc. acquisitions, which, according to a Monday press release, would create the second-largest cable company in the country. Charter announced its intentions for the $78-billion US acquisition of Time Warner Cable Inc. and related $10.4-billion US purchase of Bright House Networks LLC last May. The department’s approval comes with conditions that forbid the merged company — called New Charter — “from entering into or enforcing agreements that could make it more difficult for...
Charter Communications Inc. announced Tuesday it is acquiring Time Warner Cable Inc. for $78.7 billion US, including the assumption of debt. At the same time, Charter Communications said in a press release that it is buying a...