Comcast Corp. abandoned its $45 billion offer for Time Warner Cable after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market.
Charter Communications, Inc. to begin talks on a deal to buy Time Warner Cable Inc., Bloomberg reported on Friday, citing people familiar with the matter.
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Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
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Charter is seeking to buy Time Warner Cable quickly and has approached banks about financing.
No comments at the two companies.
