Comcast/Time Warner Cable Extend Merger End Date to August

Comcast and Time Warner Cable have agreed to extend the end date of their merger agreement by six months to August 12, 2015. The companies had initially told the Securities and Exchange Commission they thought the deal would be completed by Feb. 12, 2015, a year from the deal's announcement -- but as is standard, the agreement also anticipated that an extension might be necessary given that neither company controls the vetting process by the Federal Communication Commission and Justice Department.