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Biggest US Cable TV Provider Buying Second Biggest

U.S. cable television giant Comcast Corporation has agreed to purchase Time Warner Cable for about $45 billion.The deal, which is expected to be formally announced on Thursday, merges the nation's two largest cable television providers. Philadelphia-based Comcast has about 22 million customers, while Time Warner Cable, based in New York, has about 11 million subscribers.Comcast, whose holdings include the NBC television network and Hollywood-based Universal Studios, outbid smaller...

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