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Steve Mandel Adds to Stake in Charter Communications

2015-07-18 16:30:09| Telecom - Topix.net

Steve Mandel , founder and manager of Lone Pine Capital, recently added enough shares to his stake in Charter Communications Inc , currently the third-largest cable operator in the United States, to make it one of his top 20 stakes by volume. On July 6, Mandel acquired 3,010,321 shares of the Connecticut-based cable telecommunications company, previously the 30th-largest stake in his portfolio, paying an average price of $174.07 per share.

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