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Charter-Time Warner Cable deal: We'll get the Dodgers, but what else?
Charter-Time Warner Cable deal: We'll get the Dodgers, but what else?

The real winner of the failed Comcast-Time Warner Cable deal became abundantly clear Tuesday: It was Time Warner Cable. Federal regulators opposed Comcast's $45-billion acquisition on the grounds that combining the first- and second-largest cable TV operators would threaten competition in the emerging market for online video services, among other concerns. But when Comcast dropped its bid, that opened the door for Time Warner to sell itself to Charter Communications for $57 billion in cash and stock — 25% more than Comcast was prepared to pay. Whether this is a good thing for anyone else, however, is an open question. The merger would create a company about half the size of...

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