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Charter Communications to Purchase Cable Provider Bright House for $10.4 Billion


Another potential merger between cable providers

Last year, Comcast caused quite a stir when it announced that it would purchase Time Warner Cable. So far, the merge has yet to take place as Comcast is still waiting for the government to approve of the merger. But now, two more cable providers are looking to merge. Today, Charter Communications announced that it will purchase Bright House Networks for $10.4 billion in cash and …read more

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