Comcast, AT&T shareholders approve deal - Broadcasting & Cable

Comcast, AT&T shareholders approve deal

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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
million customers.

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