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Bloomberg Report Suggests Comcast & Time Warner Merger Dead

Posted by timothy on from the it's-very-ill dept.

andyring writes: According to Bloomberg News, the Time Warner/Comcast merger of raw evil is dead. Comcast plans as early as tomorrow to withdraw the merger proposal, "after regulators decided that the deal wouldn't help consumers, making approval unlikely" according to the story. If so, that means regulators won't have the chance to kill it themselves.

1 of 99 comments (clear)

  1. Re:Bah ... by bobbied · · Score: 5, Interesting

    Well, we shall see if the FCC commissioners who leave office after the next administration takes office heads towards one of these players or not. I'm not so sure the next administration will be for this merger or not. Obviously the democratic ruled commission doesn't like this idea, but which party will be in the Whitehouse and what their position on this merger would be is an open question.

    Suffice it to say, this deal is dead for at least two and likely more years.

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