FTC OKs Charter $1.625B Purchase of Optimum WestFinds No Potential Competition Issues with Meld 3/18/2013 1:55 PM Eastern
That came in an early termination notice on Monday. That means that the FTC found no antitrust issues with the deal and has closed its Hart-Scott-Rodino investigation early.
The move clears the way for the planned third-quarter close of the deal.
An FTC (or DOJ) review for potential competition issues, and the requirement that companies alert the government to the deal, is triggered by deals valued at $70.9 million or more.
In other FTC news, the agency Monday also cleared the $70 million additional investment by Oak Investment Partners in MobiTV, the mobile entertainment platform.