Charter Communications Inc.'s (CHTR) $55 billion purchase of Time Warner Cable Inc. (TWC) 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

Write to nymonitoring@dowjones.com

(END) Dow Jones Newswires

May 12, 2016 14:30 ET (18:30 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Time Warner Cable (NYSE:TWC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Time Warner Cable.
Time Warner Cable (NYSE:TWC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Time Warner Cable.