Neither the Justice Department nor the Federal Trade Commission have any antitrust issues with Telephone and Data Systems' $261 million purchase of BendBroadband.
The deal Friday was granted early termination of its Hart-Scott-Rodino antitrust review. That means that the antitrust agencies found no reason to challenge, condition or potentially block the deal.
The FCC has yet to weigh in on its public-interest/competition review, which goes beyond antitrust issues to how the deal furthers various public interest goals. But the FCC and FTC/DOJ usually coordinate review, and the clean bill of antitrust health bodes well for FCC approval as well.
Bend comprises Bend Cable Communications, LLC; Bend Cable Properties, Inc.; Bend Cable Data Services, LLC; and Central Oregon Cable Advertising.
The deal also includes subsidiary Zolo Media, which owns ABC affiliate KOHD and CBS affiliate KBNZ in Bend, Ore.