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US: Time Warner Cable is reportedly open to being acquired by Charter

By  |  April 28, 2015

Time Warner Cable is open to merger discussions with Charter Communications following a failed $45 billion bid by Comcast reports Forbes.

Friendly negotiations between the two companies would be in sharp contrast to their acrimonious exchanges in 2013 and early 2014 that ended with Time Warner Cable rejecting unsolicited approaches by Charter and instead finding a white knight in Comcast.

While Charter has yet to make a formal offer, Time Warner Cable believes its smaller peer may be willing to make a bid that is more attractive compared with its takeover attempt two years ago, the people said.

Earlier on Monday, the Wall Street Journal reported that Time Warner Cable had reached out to Cox Communications about a potential merger, a report that both companies later denied.

 

Full Content: Forbes

 

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