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Mergers, Acquisitions and Takeovers
Comcast says Time Warner Cable merger is on track
Comcast says Time Warner Cable merger is on track

Comcast Chief Executive Brian Roberts said Tuesday he expects the federal government will approve his company's $45-billion bid to buy Time Warner Cable and that the deal will be complete by this summer. "We are excited about the merger," Roberts told Wall Street analysts during a conference call to discuss earnings. "Our integration planning is on schedule as we continue to work toward regulatory approval." The Federal Communications Commission and the Justice Department have been scrutinizing the transaction. Consumer advocates and rival media companies have protested the proposal, fearing a bulked-up Comcast would choke off competition in the growing online...

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