Report: Charter talks with Comcast about joint Time Warner Cable bid


Reuters reports Charter (CHTR) has "reached out" to Comcast (CMCSA) about a joint bid for Time Warner Cable (TWC), after Time Warner spurned Charter's $132.50/share offer. Charter and Comcast are said to be "in preliminary discussions about how to structure a potential alliance."

One source says a bid could involve Charter buying Time Warner in full, and then selling off some subscribers to Comcast.

Regulators are bound to closely scrutinize any major cable asset purchases made by Comcast, given its enormous size.

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Comments (2)
  • good guy3
    , contributor
    Comments (1470) | Send Message
     
    SIRI holders, just say no to John Malone aka "The Chiseler."
    15 Jan 2014, 07:38 PM Reply Like
  • SafisKusai
    , contributor
    Comments (252) | Send Message
     
    that is a tough call to say. i mean in all honesty siri and xm would be dead if malone hadnt come in and saved them during the crisis. It is a cheap premium for sure but holders have known that malone would likely do this for a long time
    15 Jan 2014, 08:57 PM Reply Like
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