Comcast are set to take over one of their rivals for a very large quantity of dollars..
http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-comcast-strikes-deal-to-buy-time-warner-cable-20140212,0,3700600.story#axzz2tCcDyMK4Comcast Corp. has reached an agreement to buy Time Warner Cable in a deal valued at $45.2 billion, according to people familiar with the negotiations.
The proposed blockbuster combination is expected to be announced Thursday and would create a video and Internet juggernaut with 30 million subscribers and operations in some of the country's biggest markets, including New York City, Los Angeles, Chicago, Philadelphia and Washington, D.C.
Only time can tell on whether this is good or bad for the end consumer, however its customary to lay off any duplicated staff roles that may be no longer necessary, expect some announcement of redundancies in the future.
