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Comcast to buy Time Warner Cable in $45 Billion deal

TechRaptor - Comcast, the largest cable and internet provider in the United States as well as third largest in telephone services, has made plans to purchase and merge with Time Warner through a $45 Billion deal outlined in the excerpt from their announcement below. This deal makes Comcast significantly larger as they take over all of Time Warner’s customers after the merger. This deal still has to make it through anti-trust (A law that recently gave AT&T trouble in purchasing T-Mobile) as well as shareholder approval in order to fully go through.

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