A major hurdle to the merger between Charter and Time Warner has now been crossed. Per Diane Bartz at Reuters, "Justice Dept approves Charter’s acquisition of Time Warner Cable with conditions."
The U.S. Justice Department on Monday approved Charter Communications Inc's proposed purchase of Time Warner Cable Inc and Bright House networks, which would create the second-largest broadband provider and third-largest video-provider.
Following the deal, the merged company will be called New Charter. Under terms, New Charter agreed to refrain from telling its content providers that they cannot also sell shows online, the Justice Department said in a statement.