Citi analyst calls for Comcast-Time Warner combo | Reuters

NEW YORK (Reuters) - A prominent analyst on Thursday called for a merger of Comcast Corp (CMCSA.O) and Time Warner Cable (TWC.N), saying such a blockbuster deal would offer a host of benefits for both cable giants.

Citi analyst Jason Bazinet, in a note to clients, said a deal between Comcast and Time Warner would give the combination 37 percent of the pay TV market plus offer about $2.7 billion in cost savings. Shares of both companies, he predicted, will trade higher on a potential announcement....