According to Reuters, Comcast Corp. and AT&T Corp. shareholders Wednesday approved the planned $27 billion merger of AT&T Broadband with Comcast.
Comcast's acquisition of AT&T Broadband, which is expected to close later
this year, must still be approved by the Department of Justice and the Federal Communications Commission.
Approval by Comcast's shareholders was never in doubt -- president Brian
Roberts owns around 87 percent of the company's voting shares.
The deal will create the nation's largest cable-TV operator, with more than 22