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CHTR Charter Communications Inc New

268.99
2.68 (1.01%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Charter Communications Inc New NASDAQ:CHTR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.68 1.01% 268.99 264.99 272.00 264.82 260.4801 262.00 1,131,928 01:00:00

Comcast, Time Warner Cable, in Talks to Sell $20 Billion in Assets to Charter Communications -FT

18/04/2014 7:01pm

Dow Jones News


Charter Communications (NASDAQ:CHTR)
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Comcast Corp. (CMCSA, CMCSK) and Time Warner Cable Inc. (TWC), seeking to smooth their $45 billion merger deal with regulators, are in early-stage talks with Carter Communications Inc. (CHTR) on a possible sale of assets, the Financial Times reported Friday on its website, citing people familiar with the matter.

Those assets under discussion -- valued at up to $20 billion -- include selling between three million and five million subscribers to Charter. A second option under discussion would see Comcast and Time Warner Cable spin off subscriptions into a new company in which Charter would be given a substantial minority stake, the FT reported.

Time Warner Cable and Charter declined comment to the FT.

Web site: www.ft.com

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