DOJ may demand 'substantial' concessions from Comcast-TWC: Analyst

April 20, 2015 12:10 PM

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Comcast and Time Warner Cable are preparing to meet with Justice Department officials this week to discuss competition concerns over their planned $45 billion merger, a source familiar with the situation confirmed to CNBC.

The meeting Wednesday, first reported by The Wall Street Journal, would aim to negotiate possible concessions addressing those concerns. The paper said it would be the first time the two cable giants have met with regulators since announcing their proposed deal a year ago.

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