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Comcast Expects To Close To Time Warner Cable Deal In Early 2015


Ron Burgundy
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Comcast CEO Roberts speaks at his keynote address at the Consumer Electronics Show in Las Vegas(Reuters) - Comcast Corp said on Tuesday it was “optimistic†that it would close its $45 billion deal to buy Time Warner Cable Inc in early 2015. Chief Executive Officer Brian Roberts said during a conference call on Tuesday that lots of information-gathering was taking place between Comcast and U.S. regulators. Chief Financial Officer Michael Angelakis said: “We are optimistic and feel comfortable†that the deal will close in early 2015. The merger is being closely watched, especially as the government considers tightening rules on how broadband Internet service is provided.




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