Charter (CHTR) Confirms $79B Acquisition of Time Warner (TWX)

Charter Communications (CHTR) today announced an agreement to acquire Time Warner Cable (TWX) for $78.7 billion in a cash and stock deal that would create a more formidable rival to Comcast (CMCSA). Charter said it will pay $195.71 a share, representing a 14% premium over Time Warner’s closing price on Friday, with $100 in cash […] View the full post at: Charter (CHTR) Confirms $79B Acquisition of Time Warner (TWX) Related posts: S&P Lowers Ratings on Time Warner Cable, Time Warner Warner Chilcott to Announce a $3B Acquisition of Procter & Gamble’s Drug Unit Time Warner Splitting Off AOL From Its Content/Ad Business