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Latest from Comcast on Potential Bid for Time Warner Cable

Comcast Corporation (NASDAQ:CMCSA) has hired JPMorgan Chase & Co. (NYSE:JPM) as advisors in their exploration for a potential bid to acquire Time Warner Cable Inc (NYSE:TWC). JP Morgan will evaluate options for Comcast in regard to TWC. As I indicated in an earlier blog post, TWC considers Comcast to be the best merger fit. But, Charter Communications, Inc. (NASDAQ:CHTR) is also in hot purse of TWC. Comcast has the financial means to acquire TWC, but the regulatory hurdles from the FCC would be grueling.