FCC Chairman Tom Wheeler Comments on Charter/Time Warner/Bright House Deals
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Price: $112.91 -3.95%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
EPS Growth %: +15.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
EPS Growth %: +15.5%
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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.”
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