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$34.5 Billion Charter-Cox Merger Approved by California Regulator
The California regulator has given its approval to a major merger between Charter and Cox, a deal valued at $34.5 billion.
AI Summary
The California regulator has given its approval to a major merger between Charter and Cox, a deal valued at $34.5 billion. This approval is significant because it will create the nation's largest Internet and video provider by subscriber base. The merged entity will have a substantial presence in the US market. The deal is expected to close later this month, following the implementation of new concessions.
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