Comcast to sell 1.4 million subscribers to Charter

Comcast said it would sell 1.4 million subscribers outright to Charter Communications and spin off 3.5 million subscribers into a separate company co-owned by Comcast and Charter. The complicated transaction, valued at about $20 billion, is contingent on a successful regulatory review of Comcast’s merger with Time Warner Cable. Subscribers affected are in Los Angeles, Dallas, Minneapolis and Detroit, but the […]

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