Comcast-Time Warner Merger Effort Expands

Comcast has proposed a $45 million attempt to take over Time Warner Cable, as efforts to merge both company increases to provide better internet and TV deals. Comcast executives are confident of an approval and success of the deal between both companies, despite huge criticism from analysts. Comcast CEO Brian Robert believes the deal will go through despite investigation and reviews by the FCC, and justice department about the benefits and disadvantages of a merger. The prospect of a merger deal going down is being debated as both supporters and opposers of the deal battle it out.

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Moffett Nathanson wrote in a research note that "We still believe the deal is more likely than not to be approved, but we are cutting our probability of approval"; this statement comes after the chances of a merger dropped from 70 percent to 6 percent.

Comcast is based in Philadelphia and is recorded to have spent up to $17 million last year to provide good services for the public. A pricey advertisement produced by Comcast prior to the Oscar award ceremony, was aimed at persuading feds and analysts that the company can handle, and should go on with the merger. The New York State regulators have also brought up the merger issue, and the benefits or disadvantages to low income people.
Certain factors that have been put into consideration are; the ease of finding and applying for jobs, communication, online education, gaining information, and some of the benefits of using the internet. As long as the merger serves the Interest of the public, Comcast CEO is positive that it will convince feds to merge with Time Warner Cable.