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Charter has some advice for TWC shareholders

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

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Charter Communications, Inc.