Charter/TWC Gets New Jersey Regulatory Approval
The New Jersey Board of Public Utilities signed off on Charter Communications' purchase of Time Warner Cable, Charter said in a news release Wednesday. Garden State approval follows New York Public Service Commission approval in January of Charter's purchases of…
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TWC and Bright House Networks (see 1601270028) and leaves California and Hawaii yet to give regulatory approval. The California Public Utilities Commission's decision is expected by May 12 (see 1602120055). The FCC's unofficial 180-day shot clock for reviewing the purchases stood at 151 days on Wednesday.