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US: Comcast, Time Warner merger scrutiny to begin end of March

By  |  February 23, 2014

Comcast announced plans to officially file documentation of its intent to acquire Time Warner Cable at the end of March, say reports, which will spark the beginning of a likely long merger review.

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    Comcast said late last week that it intends to file documentation of its $45 billion buyout by the end of next month. It is still unclear whether the US Department of Justice or the Federal Trade Commission will review the deal, which is also expected to earn strong oversight by the Federal Communications Commission.

    The merger plans sparked a fury of discussion among consumers and industry experts, as the plan involves the combining of the nation’s two largest cable companies.

    FCC head Tom Wheeler spoke with reporters last week to discuss the deal, vowing to “give it a full, fair, open hearing.”

    Full Content: Reuters

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