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The lack of a break-up fee in Comcast’s (CMCSA) agreement to acquire Time Warner Cable (TWC) looms as a wild card, as opponents ramp up pressure on regulators. Comcast could walk away from the proposed merger without paying TWC a break-up fee, if regulators place conditions on the purchase that Comcast contends are too severe. Many big mergers, especially those that face regulator or shareholder opposition, include break-up fees. Comcast on Scalper1 News
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