Report: California speeding up Charter-TWC review

• The Californic Public Utilities Commission has shortened its time frame for coming to a decision on Charter Communications' (CHTR -1%) buyout of Time Warner Cable (TWC +0.1%) and Bright House Networks, CTFN reports.
• The administrative law judge on the case has set a final decision for May 12, earlier than the previously scheduled June 10. That means a proposed decision could come April 12.
• The schedule shift comes amid grumbling by deal proponents who are eager to get it done. Industry analyst Craig Moffett had called the state's timeline "exceedingly tedious." Charter has said they are ready and willing to close on the deal and hoped for quicker action by California.
• Previously: Charter -3.3% as loss widens on merger costs (Feb. 04 2016)
• Previously: Charter-TWC: Progress inches along; Moffett raises deal odds (Jan. 28 2016)