Charter has some advice for TWC shareholders

|About: Charter Communications, Inc. (CHTR)|By:, SA News Editor

Charter Communications (CHTR) asks shareholders of Time Warner Cable (TWC) to vote against the proposed merger with Comcast (CMCSA).

The company wants TWC shareholders to go back to looking at strategic options.

Due to a slip in the stock price of Comcast, the merger consideration for TWC shareholders is now at $141.16/share. Charter is quick to point out that TWC has said previously it wouldn't take a penny less than $160.