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CABLE DRAMA Comcast Snatches Up Time Warner Mike Blake/Reuters

Comcast Snatches Up Time Warner

Yes, so this is going to be greeeeat for consumers. Comcast Corp. has agreed to buy Time Warner Cable for roughly $45 billion. The deal, which is reportedly stock-for-stock, would combine the two largest cable providers in a market that is already perceived to be uncompetitive. Analysts expect Comcast’s move will give it more leverage when bargaining with content providers.

February 13, 2014 6:54 AM