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Is Charter lining up debt for a Time Warner Cable deal?

2015-05-11 16:41:40| Telecom - Topix.net

Charter Communications reportedly is in negotiations to line up a debt package of up to $30 billion to help it finance a potential acquisition of Time Warner Cable Inc. Sources told the Wall Street Journal that the company is in early talks with banks to arrange a debt package of between $25 billion and $30 billion. Charter reportedly has been pursuing friendly merger discussion with Time Warner Cable following the failure of Comcast Corp.'s $45 billion takeover bid.

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