Charter Communications, already the No. 1 cable operator in the U.S., closed its acquisition of Cox Communications, creating a cable giant with operations in 45 states serving roughly 37 million customers. The closing of the deal, valued at $34.5 billion, comes after the California Public Utility Commission (CPUC) last week voted to approve the transaction,
David Ellison may have believed that Paramount Skydance could have closed its $111 billion acquisition of Warner Bros. Discovery by now. The deal was approved by the Justice Department in June (apparently over the objections of staff reviewing it). It has been officially cleared by the EU, and Paramount agreed to the relatively minor concession