News Column

BRIEF: Comcast shareholder meeting a largely quiet affair

May 22, 2014

By Bob Fernandez, The Philadelphia Inquirer



May 22--Comcast Corp. held an uneventful shareholders meeting on Wednesday, during which chief executive Brian Roberts reiterated his sentiment that he was "extremely excited" about a proposed merger with Time Warner Cable Inc. and unionized Comcast technicians pressured the company to improve its treatment of them.

The Chicago union, one of the few recognized by Comcast, is negotiating a new labor contract.

Roberts said the meeting was not the venue to bargain.

After the meeting at the Kimmel Center for Performing Arts, about 50 anti-merger protestors chanted "Comcast has the tower and the people have the power" on the sidewalk, calling it a peoples' vote on the merger.

Consumers Union, Free Press and Common Cause organized the protest and presented the names of several hundred thousand individuals who had e-mailed their opposition to the Comcast/Time Warner Cable.

bfernandez@phillynews.com

215-854-5897

@bobfernandez1

___

(c)2014 The Philadelphia Inquirer

Visit The Philadelphia Inquirer at www.philly.com

Distributed by MCT Information Services


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Philadelphia Inquirer (PA)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters