A PYMNTS Company

US: Comcast gets easy pass for at least one acquisition

By  |  April 7, 2014

Regulators have reportedly cleared Comcast’s acquisition of online advertising company FreeWheel, say reports, a transaction that received a relatively easy pass from regulators that are set to scrutinize its mega-merger of Time Warner Cable.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Reports say Comcast’s $360 million acquisition of the ad firm was cleared by the Federal Trade Commission, which announced Monday neither it nor the Department of Justice found any competition concerns of the deal.

    The merger was first announced last month.

    While this merger got an easy pass, reports say the company will not face similar ease in its TWC buy, inked for $45 billion.

    Full Content: Broadcasting Cable

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.