5.06.16 - FCC signs off on Charter-Time Warner Cable deal

"The Federal Communications Commission said on Friday it had voted to approve Charter Communication’s purchase of Time Warner Cable and a smaller company, advancing a deal that would create the second-largest broadband internet provider in the country."

"Charter’s purchase of Time Warner Cable and smaller operator Bright House Networks is worth roughly $88 billion. It was formally approved on Thursday, according to the commission."

Read the full The Hill article here