Time Warner Cable is reportedly open to being acquired by Charter
The body of the failed Comcast-Time Warner Cable merger isn’t even cold yet, and executives are already exploring new options. Reuters reports that Time Warner is “open” to being acquired by Charter, in a move that would create a cable giant with 15.6 million video subscribers and 16.4 million broadband customers. That’s smaller than the giant that would have been created by a combination of Comcast and Time Warner, which would have had 21.7 million video subscribers and 20.7 million broadband customers. But given the Federal Communications Commission’s close scrutiny of the earlier merger attempt, a Charter bid for Time Warner could still face rough going.
If Charter decided to pursue an acquisition, that would mark its second…
Source:: The Verge