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Sources: Time Warner Cable willing to discuss acquisition by Charter

Reuters reports that sources say Time Warner Cable would be willing to discuss acquisition by Charter
By: Michael Hatamoto | Business, Financial & Legal News | Posted: Apr 28, 2015 3:55 pm

Federal regulators weren't happy about a Comcast acquisition of Time Warner Cable, but it looks like Charter Communications wants a second crack at TWC. Charter failed during its first attempt to take over TWC, which opened the door for Comcast to step in and try to acquire the company.

 

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Since the first merger attempt, however, Charter's stock value has increased - and would be more lucrative to TWC - but TWC "also is open to deals with companies other than Charter."

 

It's unknown if Charter will try to surpass its original $37.3 billion offer for TWC, which was topped by Comcast offering $45 billion. It's possible the company, assuming no outsiders are interested, could try to lowball TWC into a merger.

NEWS SOURCES:Reuters.com, Marketingvox.com

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