Report: Charter is ready to make a bid for Time Warner Cable

12/15/2013 | Bloomberg

Charter Communications is planning to make a bid for Time Warner Cable as soon as this week, according to this report. The cash and stock offer reportedly will be for less than $135 a share. The deal could yield up to $1 billion in yearly cost savings for programming and overhead for Charter, said Wunderlich Securities analyst Matthew Harrigan.

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