Deals and IPOs

Comcast could drop bid for Time Warner Cable as soon as Friday: Source to CNBC

Comcast, Time Warner Cable deal on the rocks
VIDEO3:3303:33
Comcast, Time Warner Cable deal on the rocks
Comcast could scrap TWC deal
VIDEO4:1904:19
Comcast could scrap TWC deal
 Comcast, Time Warner fallout
VIDEO3:4203:42
Comcast, Time Warner fallout
Comcast expected to drop bid for Time Warner
VIDEO2:1202:12
Comcast expected to drop bid for Time Warner
Comcast could drop TWC bid as soon as Friday
VIDEO1:0001:00
Comcast could drop TWC bid as soon as Friday

Comcast could drop its bid for Time Warner Cable as soon as Friday, a source told CNBC.

Time Warner Cable declined to comment to CNBC on an earlier report of an intent to drop the bid.

A spokeswoman for the Federal Communications Commission also declined to comment. A spokesman for the Department of Justice told CNBC the agency would continue its review of the proposed deal and it was "not aware of anything" related to a dropped merger bid.

Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and CNBC.com.

—CNBC's David Faber contributed to this report.