California PUC stamps Charter-Cox merger, with conditions
California’s CPUC approved the $34.5 billion Charter Communications and Cox Communications merger, with conditions tied to settlement agreements and customer protections. The FCC approved in February. The deal could close next week, creating a company with about 70 million premises and 37 million customers. Analysts estimate Cox will be 18% of revenue and 19% of EBITDA before synergies.




