Comcast to buy Time Warner Cable for $45 billion

NEW YORK (TIP):
Comcast says it has agreed to buy Time Warner Cable for $45 billion in a deal that would combine the two biggest cable companies in the United States. If the deal is approved, the combined group would be the nation’s dominant provider of TV and Internet services. The two companies expect the merger to take effect by the end of the year, but regulators are likely to take a close look at the potential impact on consumers.

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