The $55-billion sale of Time Warner Cable's New York services was unanimously approved by the state Public Service Commission on Friday, reports the Rochester Democrat and Chronicle.
Charter Communications has announced it plans to acquire Time Warner Cable for about $55 billion.
The proposed deal comes a month after Comcast ended its effort to obtain Time Warner.
The Charter acquisition is subject to approval by shareholders and regulators...
PHILADELPHIA (AP) — Comcast plans to sell some cable systems to competitor Charter Communications Inc. to help Comcast's acquisition of Time Warner Cable clear clear regulatory hurdles.