Nutter, 50 other mayors support Comcast purchase plan


By Bob Fernandez (Inquirer)

Mayor Nutter has organized a diverse national group of 51 mayors who support Comcast Corp.’s proposed $45 billion acquisition of Time Warner Cable Inc., saying the deal would lead to significant economic benefits in the communities, including jobs.

The letter was sent to the Federal Communications Commission, and Nutter released a statement on it through his press office Thursday afternoon.

Support from its hometown mayor could be a political boost in Washington for Comcast’s efforts to acquire Time Warner Cable. The deal faces tough regulatory scrutiny.

Full story.

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