Scalper1 News
Charter Communications (CHTR) is close to a deal to buy larger Time Warner Cable (TWC) for $195 a share, according to multiple reports, after the Comcast (CMCSA)-TWC takeover failed due to regulatory opposition. Charter, the No. 3 U.S. cable operator, will pay $100 a share in cash and the rest in stock, for each share of No. 2 TWC, Bloomberg reported on Monday, citing sources. The Financial Times and Reuters later filed similar reports. Both Scalper1 News
Scalper1 News