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Takeover

World news about “Takeover” published by euronews.

24/04 15:55 CET

Comcast and TimeWarner kill merger after regulator says no

Comcast and TimeWarner kill merger after regulator says no

US media giants Comcast and Time Warner say regulators have nixed their proposed 41.4 billion euro merger and they are abandoning the deal. The Department of Justice claims the pair joining forces would have made Comcast an "unavoidable gatekeeper" for broadband services for…