Comcast Said to Weigh Subscriber Spinoff With Time Warner Deal

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Comcast Corp. is weighing options for how to divest about 3 million cable subscribers as part of a takeover of Time Warner Cable Inc. -- including spinning them off in a new publicly traded company, people with knowledge of the matter said.

Regulators may push for the spin-out because it would create a new competitor, one of the people said, asking not to be identified discussing private information. A new company formed in such a way would be the fourth-largest U.S. cable company by subscribers, trailing the merged Comcast-Time Warner Cable, Cox Communications Inc. and Charter Communications Inc.