Comcast-Time Warner Cable deal drawing Justice Dept opposition: Bloomberg

April 17, 2015 7:31 PM

52 0

Comcast-Time Warner Cable deal drawing Justice Dept opposition: Bloomberg

(Reuters) - Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported on Friday, citing people familiar with the matter.

Justice Department attorneys investigating the deal are citing concerns for consumers as they lean against it. A review could come as soon as next week, people familiar with the matter told Bloomberg. (bloom.bg/1CUPx9V)

Read more

To category page

Loading...