US regulators were on the verge of approving cable giant Comcast's purchase of entertainment titan NBC Universal and could announce the deal as early as Tuesday, a US newspaper reported.
The Wall Street Journal's website, citing unnamed sources, said Monday that Federal Communications Commission (FCC) officials spent the weekend making last-minute revisions to an order clearing the deal.
Tuesday, January 18, 2011
US on verge of approving NBC-Comcast deal: report
Apparently no one in the government seems to realize that greater concentration of media in fewer hands is a bad thing:
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