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Charter Communications announced it's buying Time Warner

2015-05-26 21:17:25| Telecom - Topix.net

As Charter Communications Inc. and Time Warner Cable merge in the coming months, there are more options than ever for people who want to cut the cord. Cutting the cord: 5 alternatives to cable As Charter Communications Inc. and Time Warner Cable merge in the coming months, there are more options than ever for people who want to cut the cord.

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Charter buying Time Warner Cable as TV viewers go online

2015-05-26 21:17:24| Telecom - Topix.net

As TV watchers increasingly look online for their fix, cable companies are bulking up. In the latest round, Charter Communications is buying Time Warner Cable for $55.33 billion.

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Charter to merge with TWC and acquire Bright House

2015-05-26 13:00:36| Digital TV News

Charter Communications (Nasdaq: CHTR) and Time Warner Cable (NYSE: TWC) have announced that they have entered into a definitive agreement for Charter to merge with Time Warner Cable.

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Charter takes over Time Warner Cable

2015-05-26 12:43:19| BBC News | Business | UK Edition

Charter Communications agrees to buy Time Warner Cable media giant in a cash and shares deal worth $78.7bn.

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Charter agrees Time Warner Cable, Bright House takeovers

2015-05-26 12:05:00| Telecompaper Headlines

(Telecompaper) Charter Communications confirmed an agreement to acquire Time Warner Cable for USD 78.7 billion including debt. The cash-and-shares deal values TWC at USD 195.71 per share, based on Charter's latest share price, or USD 200 based on the average share price in the past 60 days. Charter also announced that it reached an agreement with Advance/Newhouse on acquiring Bright House Networks for USD 2 billion cash plus a minority stake in the merged operator. Assuming both deals are completed, Advance/Newhouse will own 13-14 percent of 'New Charter', TWC shareholders will have 40-41 percent and Liberty Broadband will hold 19-20 percent. The exact ratios will depend on how many TWC shareholders opt for cash or shares under the Charter offer. Liberty Broadband, controlled by cable mogul John Malone and currently Charter's largest shareholder, has agreed to buy USD 4.3 billion of new shares in Charter after the closing of the TWC takeover. It also earlier agreed to buy USD 700 million in Charter as part of the Bright House deal, in order to avoid dilution of its stake in Charter. The combination of Charter, Time Warner Cable and Bright House will create the US's second-largest cable operator, serving 23.9 million customers in 41 states. 

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