BLOOMBERG Bloomberg Surveillance April 24, 2015
From a done deal to dead. Comcast is planning to walk away from the proposed 45 billion dollars merger with Time Warner Cable as soon as today. The deal was announced 14 months ago, opposition took shape and that left consecutives executive to conclude the merger would not fly. A former fcc commissioner praised the move. Comcast is making a smart decision. It benefits consumers. Olivia on wednesday fcc officials told both companies they were opposed. Saying the deal did not help consumers. They planned to call a hearing which would drag out the classes the process. Reviewing the drone strike i...