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FCC calls delay in cable-merger review
Federal regulators said on Monday that Time Warner Cable Inc.'s failure to produce 31,000 documents will delay its review of the Comcast Corp./Time Warner Cable deal by three weeks.
Federal regulators said on Monday that Time Warner Cable Inc.'s failure to produce 31,000 documents will delay its review of the Comcast Corp./Time Warner Cable deal by three weeks.
Philadelphia-based Comcast proposed acquiring Time Warner Cable, the nation's second-largest cable company, for $45 billion in early 2014.
The Federal Communications Commission criticized Time Warner Cable saying in a statement that the New York company's tardy document production has "interfered with the commission's ability to conduct a prompt and thorough review."
- Bob Fernandez