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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

Michael Hatamoto | Apr 28, 2015 at 10:55 am CDT (0 mins, 36 secs time to read)

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.

Sources: Time Warner Cable willing to discuss acquisition by Charter | TweakTown.com

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.

Last updated: Apr 6, 2020 at 08:43 pm CDT

Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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