The Traderszone Network

Published in TZ Latest News 11 July, 2014 by The TZ Newswire Staff

Disney, CBS queried by U.S. in Comcast merger: Bloomberg

The U.S. Department of Justice has reached out to the companies as it investigates whether the cable-industry merger is anticompetitive, Bloomberg reported, citing three people familiar with the matter. Comcast, the largest U.S. cable provider, offered in February to buy Time Warner Cable Inc for $45.2 billion in stock.