Charter, TWC: The Price Is Right At $195 Per Share

By | May 26, 2015

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Charter Communications’ (CHTR) $55 billion acquisition of Time Warner Cable, announced on Tuesday, will reward TWC shareholders with a nearly 50% premium over what Charter offered to pay for the company in January 2014, and more than 20% over what Comcast had agreed to pay in its doomed acquisition bid. Charter early Tuesday announced it had agreed to pay $195.70 per share for Time Warner Cable (TWC), with $100 in cash and the rest in stock. TWC Scalper1 News

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