As if Comcast needs any more public relations headaches as it tries to gain regulatory approval for its $45 billion purchase of Time Warner Cable, the conglomerate's plans to abandon that most forlorn of Midwestern cities, Detroit, has now come under scrutiny, too.
DirecTV shareholders are more than okay with the proposed buyout of the company by AT&T. The satellite operator said Thursday that shareholders overwhelmingly approved the merger, with 99 percent voting in favor on a base representing 77 percent of all outstanding company shares.
AT&T has reportedly reached an agreement with the Department of Justice, clearing a major regulatory hurdle in its quest to purchase DirecTV, according to an exclusive in the New York Post.
AT&T has made another concession to get regulatory approval of its $48.5 million proposal to acquire DirecTV by promising that it would extend fiber to the home (FTTH) services to more locations.
Jeffrey Zucker figures he doesn't have much time left as CEO of NBC Universal. It's been announced that Zucker will leave the job after Comcast (Nasdaq: CMCSA) takes over and that, he said, should be
Comcast (Nasdaq: CMCSA) executives still hope to have NBC Universal in their stockings for Christmas, despite what appears to be a rancorous discourse between those opposed to the acquisition and