Comcast-TWC Deal Pushed Back to Middle of 2015
Comcast reports that they’ve decided to push back the Comcast-TWC deal until mid-2015 because the FCC once again suspended its regulatory review process. The deal is reportedly worth a proposed $45.2 billion.
“Given the FCC’s recent decision to pause the shot clock,” Comcast Executive Vice President David Cohen said in a blog post, “we have recently reassessed the time frame when we expect the government’s regulatory review to be completed and now expect that the review should be concluded in the middle of the year.”
The FCC has also paused the review process for AT&T’s proposed takeover of DirecTV, which is worth a proposed $49 billion.
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