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Comcast to cancel its merger with Time Warner Cable

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Robert LeCompte

Following opposition from both the FCC and the Department of Justice, Comcast is likely going to cancel its proposed $45.2 billion merger with Time Warner Cable, according to a source who spoke to Bloomberg Business.  The two companies were reportedly told by the FCC that the merger, one of the largest in history, would not benefit customers in any way. Comcast could announce a final decision on the deal as early as Friday.

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By Robert LeCompte

Robert LeCompte is an editorial intern at Crosscut. He studies communications and film at The Evergreen State College where he recently transferred from Maryland. When not working, he can usually be f