Time Warner Cable Shareholder Sues To Block Comcast Merger

Time Warner Cable Shareholder Sues To Block Comcast Merger

It’s not just consumers and advocacy groups that are worried about the pending sale of Time Warner Cable to Comcast for $45 billion. On Friday, a TWC shareholder has filed a lawsuit to block the merger, claiming that executives prioritized their own bank accounts over investors’ interests for a deal that will have a difficult time passing regulatory muster. [More]