Report: Time Warner Cable will take offer in $150-$160 range

|By:, SA News Editor

Time Warner Cable (TWC +0.4%) will accept an offer in the range of $150-$160 per share, according to a Bloomberg report.

No word yet on if Cox, Charter (CHTR -1.1%), Comcast (CMCSA +0.2%) - or a mix of the cable players is the buyer.

Share of TWC are spiking off the news from negative territory.

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