Charter Communications Inc.'s (>> Charter Communications, Inc.) $55 billion purchase of Time Warner Cable Inc. (>> Time Warner Cable Inc) was approved by the California Public Utilities Commission, Bloomberg News reported.
After the Federal Communications Commission voted to approve the deal with conditions last week, the California approval was the last one the companies needed.
Charter plans to close the deal next week, Bloomberg reported.
Full story at http://www.bloomberg.com/news/articles/2016-05-12/charter-twc-deal-clears-final-hurdle-with-california-approval
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