Time Warner shareholders OK Comcast deal

Published



NEW YORK (AP) — Time Warner Cable said Thursday its shareholders approved its acquisition by Comcast Corp., clearing another hurdle for the $45 billion deal.

In February, Comcast said it agreed to buy rival Time Warner in an all-stock deal. The deal will make Comcast, which also owns NBCUniversal, a dominant force in both creating and delivering entertainment to U.S. homes.

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