Comcast and Time Warner Cable’s merger is now facing vehement opposition and regulatory delays. But the two companies’ bid to unite has been a long time coming.
On Wednesday, executives from the two companies are expected to sit down with Justice Department officials to discuss the proposed $45 billion deal. If passed, it would combine the country’s No. 1 and No. 2 cable providers into one entity, giving them control of nearly 30% of the pay TV market. Rece...
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