Justice Department Approves Deal to Create New Cable Giant
The Justice Department has approved Charter’s bid to buy Time Warner Cable and create another cable giant. Buying Time Warner Cable and Bright House Networks will turn Charter Communications, a mid-size cable company, into the country’s No. 2 home Internet provider, after Comcast. The new Charter will be No. 3 in video, trailing Comcast and AT&T, which bought DirecTV last…
