Linked by Thom Holwerda on Thu 23rd Apr 2015 21:40 UTC
Internet & Networking

Comcast Corp. is planning to walk away from its proposed $45.2 billion takeover of Time Warner Cable Inc., people with knowledge of the matter said, after meeting with opposition from U.S. regulators.

Comcast’s board will meet to finalize the decision on Thursday, and an announcement may come as soon as Friday, said one of the people, who asked not to be identified because the information is private.

Great news for American consumers.

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Not Good News
by jazman777 on Fri 24th Apr 2015 00:18 UTC
jazman777
Member since:
2013-02-27

Good news would be if both Comcast and TWC were being liquidated.

Reply Score: 3