Charter Communications is closing in on a deal to acquire Time Warner Cable, according to Bloomberg. The proposed deal would see Charter paying $195 a share in cash and stock to purchase Time Warner Cable — which is currently valued at $48 billion. This is the fourth time in the last three years Charter has attempted to purchase Time Warner Cable. Last year's $37 billion offer was perceived as a below market deal by Time Warner Cable, and was ultimately turned down in favor of Comcast's $45 billion offer. But after that merger fell through, Time Warner Cable made it known it was open to a potential deal with Charter.
Bright House Networks, which Charter agreed to purchase for $10.4 billion before Comcast's acquisition of Time Warner...
Charter is reportedly closing in on a deal to aquire Time Warner Cable
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