Comcast In the Running to Merge with Time Warner
According to a CNBC* report, Time Warner Cable is interested in a merger with Comcast/Kabletown.
Comcast, the parent company of CNBC and NBC, is not in active discussions on deal terms with Time Warner Cable, these sources say, but is asking for guidance on antitrust and telecommunications-related issues. According to people familiar with the matter, TWC has made it clear that if it should sell itself, Comcast would be its preferred buyer.
Hey, what’s the big deal? The Department of Justice lets any old giant monopolistic corporation combine with other giant monopolistic corporations these days, anyways.
*Owned by Comcast/Kabletown