Comcast merger roadblock unplugs Time Warner Cable shares

April 23, 2015 12:46 PM

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Comcast merger roadblock unplugs Time Warner Cable shares

Shares of Time Warner Cable took a dive in pre-market trading Thursday as regulators threaten the $45.2 billion marriage with Comcast amid growing antitrust concerns.

Both the Department of Justice and now the Federal Communications Commission (FCC) have reservations about the merger, which would combine the No. 1 U.S. cable company Comcast with the No. 2 player Time Warner Cable. The general story line is the marriage of the two behemoths would not be in the bes...

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