gpatt0n Posted April 24, 2015 Report Share Posted April 24, 2015 Published on Apr 23, 2015Comcast may be dropping a bid to buy Time Warner, accordingto media reports. John Bergmayer of Public Knowledge, acritic of the merger, says the merger would be bad forconsumers and content creators. (April 23)Subscribe for more Breaking News:http://smarturl.it/AssociatedPressGet updates and more Breaking News here:http://smarturl.it/APBreakingNews Click for RECENTTOPICS click for RECENT TOPICS click for RECENTTOPICS Link to post Share on other sites
billh Posted April 24, 2015 Report Share Posted April 24, 2015 Today's Top 10 Stories #1 Comcast Officially Drops Time Warner Bid: ‘Today, We Move On’ Comcast CEO Brian Roberts announced this morning that the proposed $45 billion merger with Time Warner Cable is officially dead. “Today, we move on,” said Roberts, pointing out that the deal was structured so that if the government didn’t agree, Comcast could walk away.Why This Matters: The collapse of the deal will have a ripple effect in the cable industry, as Charter’s plan to acquire 3.9 million subscribers from Comcast as well as its plan to acquire Bright House Networks were contingent on the merger being consummated. 5 Takes: B&C | Variety | WSJ | Bloomberg | THR Link to post Share on other sites
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