- Comcast (NASDAQ:CMCSA) and Time Warner Cable (TWC) will meet Wednesday with the Justice Department in hopes of negotiating concessions to assuage the department's reported opposition to their $45B merger, The Wall Street Journal is reporting.
- It's the first time the companies would meet with any regulators -- and the deal is nearing its endgame with both Justice and the FCC.
- Bloomberg reported Friday that staff attorneys at Justice were leaning toward blocking the deal, though any final word would come from senior officials there.
- The Justice Department's concern is antitrust issues in the combination of two giant service providers; the FCC is evaluating the deal to see whether it is in the public interest.