New Charter Gets Midwest; Comcast Keeps N.Y., Calif.

By | May 14, 2014

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Charter Communications can’t claim its consolation prize from the takeover battle for Time Warner Cable vs. Comcast until federal regulators rule on the industry’s biggest proposed merger ever. Charter (CHTR) shareholders seem fine with the scenario. Charter’s stock has shot up since the company announced a complex deal with Comcast (CMCSA) on April 28. If regulators, as expected, approve the merger of Comcast and Time Warner Cable (TWC) by year’s Scalper1 News

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