At a special meeting of shareholders in Philadelphia, more than 99% of Comcast (NASDAQ:CMCSA) shareholders voting supported Comcast's proposal to issue 2.875 shares of Comcast Class A common stock for every one share of Time Warner Cable (NYSE:TWC) common stock in connection with Comcast’s proposed merger with Time Warner Cable.
The merger between Comcast and Time Warner Cable is subject to various regulatory approvals and other customary conditions and also requires approval by TWC shareholders.
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STEPHEN HARDY Editorial Director and Associate Publisher [email protected]
