Just breaking on Bloomberg: Comcast to Divest 3.9 Million Clients to Enable Merger.
We knew this was happening, but still no word which cities get orphaned.
Update 4-29-14: We are starting to see what the new cable operator will look like. Somewhat a surprise is that Hawaii stays with Comcast/TWC. Maybe the execs want a place to escape. Somewhat predicted, KC also stays.
Atop all that, Comcast and Charter plan to spin off a new firm—dubbed SpinCo, for now—into a publicly traded cable operator with 2.5 million customers from Comcast’s former system, concentrated mainly in Alabama, Indiana, Kentucky, Michigan, and Minnesota. Among the larger cities moving to the new company will be Birmingham, Detroit, Indianapolis, Louisville, and Minneapolis-St. Paul.