John Malone's Liberty Media to buy Charter stake, sources say

03/18/2013 | Wall Street Journal, The

John Malone's Liberty Media reportedly is in final talks to acquire 27% of Charter Communications. The investment in Charter would mark Malone's re-entry into the U.S. cable sector after selling Tele-Communications to AT&T for $48 billion in 1999. Liberty reportedly will acquire the holdings from Apollo Global Management, Oaktree Capital Management and other private-equity firms.

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