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FCC Delays Decision On Charter-Time Warner Merger
- Reuters, Wednesday, March 23, 2016 4:07 PM
The FCC isn't likely to decide this week whether to approve Charter's proposed $56 billion merger with Time Warner Cable, Reuters reports. A Charter spokesperson said the company hopes to obtain approval soon. The FCC's informal 180-day timeframe for reviewing the deal will expire Friday, but the agency isn't required to make a decision by the expiration of that so-called "shot clock."
