A PYMNTS Company

US: Comcast gets easy pass for at least one acquisition

 |  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.

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.