FCC Chairman Tom Wheeler Comments on Charter/Time Warner/Bright House Deals
Get Alerts CHTR Hot Sheet
Price: $257.02 -2.9%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 0.1%
Revenue Growth %: +0.7%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 0.1%
Revenue Growth %: +0.7%
Join SI Premium – FREE
Today, FCC Chairman Tom Wheeler issued the following statement after the announcement of Charter Communications and Time Warner Cable Inc.’s, proposed merger and Charter's acquisition of Bright House Networks.
“The FCC reviews every merger on its merits and determines whether it would be in the public interest. In applying the public interest test, an absence of harm is not sufficient. The Commission will look to see how American consumers would benefit if the deal were to be approved.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Blackstone (BX) to Acquire Tropical Smoothie Cafe
- Perrigo (PRGO) Receives Binding Offer to Divest its HRA Pharma Rare Diseases Business for up to EUR 275M
Create E-mail Alert Related Categories
Insiders' Blog, Mergers and AcquisitionsRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!