Tag Archives: chtr

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

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

Comcast To Sell, Spin Off Subscribers In Charter Deal

Cable TV leader Comcast (CMCSA) will sell, swap, and spin off subscribers in a complex deal with Charter Communications (CHTR) that would make Charter the No. 2 cable TV firm. The moves are designed to ease some regulatory hurdles to Comcast’s proposed acquisition of Time Warner Cable (TWC), which is now the No. 2 cable firm. The Comcast-Charter transaction is valued at about $20 billion. Comcast in mid-February agreed to buy Time Warner Cable in

Charter M&A Road Map Has Curves After TWC Derailed

After losing Time Warner Cable to Comcast, the question is whether Charter Communications and John Malone still have an M&A road map for the cable industry. Charter (CHTR) stock has slipped 9% since Comcast (CMCSA) announced on Feb. 13 it had agreed to acquire Time Warner Cable (TWC), derailing Charter’s hostile takeover bid. For Charter shareholders, M&A ambitions are key. It’s unclear if Charter can amass assets equal to what TWC would have