Charter, Time Warner Cable, Bright House Get Final Regulatory Approval For Deal

(RTTNews) - Charter Communications, Inc. (CHTR), Time Warner Cable Inc. (TWC), and Advance/Newhouse Partnership, a parent of Bright House Networks, LLC announced that they had received approval from the California Public Utilities Commission for the transactions between the parties, and as such, all required regulatory approvals in connection with the previously announced transactions between Charter and TWC, and Charter's acquisition of Bright House Networks have been received.

Subject to the remaining customary closing conditions, the Charter-TWC transactions and Charter's acquisitions of Bright House Networks are currently expected to close on or about May 18, 2016.