Seeking Alpha

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.
  • More on Charter/Time Warner Cable
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Comments (2)
  • buffett222
    , contributor
    Comments (1147) | Send Message
     
    SIRI holders, just say no to John Malone aka "The Chiseler."
    15 Jan 2014, 07:38 PM Reply Like
  • SafisKusai
    , contributor
    Comments (239) | 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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