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Time Warner Cable Shareholder Sues To Block Comcast Merger

The Consumerist


Time Warner Cable Shareholder Sues To Block Comcast MergerIt’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.

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Source: Wall Street Journal Live - on February 13, 2014

News video: Comcast to Buy Time Warner Cable in $45B Deal

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