A U.S. Federal Communications Commission lawyer will lead the agency's review of the proposed merger of Comcast Corp and Time Warner Cable Inc, while an external lawyer will join to lead the review of AT&T Inc's bid for DirecTV, the FCC said on Monday. Hillary Burchuk, a former lawyer at the U.S. Justice Department's antitrust division who joined the FCC in 2011, will head the agency's working team reviewing the proposed $45.2 billion merger between two largest U.S. cable providers, Comcast and Time Warner Cable. The team will also review Comcast's related deal with Charter Communications Inc.Jamillia Ferris, also a former antitrust lawyer at the Justice Department, will join the FCC from law firm Hunton & Williams LLP to lead the team reviewing the proposed $48.5 billion merger between No. 2 wireless carrier AT&T and biggest satellite TV service provider DirecTV.Burchuk in 2011 was involved in the Justice Department's lawsuit to block the proposed merger between U.S. wireless carriers AT&T and T-Mobile, court documents show.Ferris from 2010 to 2013 served as deputy chief of staff and then chief of staff and counsel to U.S. antitrust chief Bill Baer and was involved in suing Apple Inc and book publishers for e-book price fixing, according to her online biography.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL traded higher by 2.06% or $1.938/share to $95.97. In the past year, the shares have traded as low as $58.63 and as high as $95.05. On average, 66721000 shares of AAPL exchange hands on a given day and today's volume is recorded at 52835408.
Charter Communications, Inc. (Charter) provides cable services in the United States, offering a range of entertainment, information and communications solutions to residential and commercial customers. Shares of CHTR fell by 1.07% or $-1.745/share to $160.68. In the past year, the shares have traded as low as $116.78 and as high as $163.19. On average, 1201850 shares of CHTR exchange hands on a given day and today's volume is recorded at 836282.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC fell by 1.42% or $-2.14/share to $148.37. In the past year, the shares have traded as low as $106.01 and as high as $150.51. On average, 2037600 shares of TWC exchange hands on a given day and today's volume is recorded at 1044537.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.31% or $-0.22/share to $71.17. In the past year, the shares have traded as low as $57.59 and as high as $71.62. On average, 5782500 shares of TWX exchange hands on a given day and today's volume is recorded at 3188008.
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