Time Warner Cable Shareholder Sues To Block Comcast Merger
Monday, 17 February 2014
It’s not just consumers and advocacy groups that are worried about the pending sale of Time Warner Cable to Comcast for $45 billion. On Friday, a TWC shareholder has filed a lawsuit to block the merger, claiming that executives prioritized their own bank accounts over investors’ interests for a deal that will have a difficult time passing regulatory muster.
Barron's Brendan Conway joins the News Hub with details on Comcast and Time Warner Cable's $45 billion deal. Plus, what do the weekly jobless claims and January retail sales numbers mean for the economy? Photo: AP. Copyright...
A coalition of California consumer groups fighting a huge nationwide cable TV merger is asking state telecommunications regulators to oppose it. L.A. Times 1 week ago - USAlso reported by •Reuters •philly.com