The Traderszone Network

Published in TZ Latest News 3 May, 2015 by The TZ Newswire Staff

Executives close to Charter reach out to Time Warner Cable on merger: WSJ

John Malone, chairman of Charter’s biggest shareholder Liberty Broadband Corp (LBRDA.O) called Time Warner Cable’s Chief Executive Officer Rob Marcus “in recent days” to express Charter’s interest in pursuing friendly deal talks, people familiar with the matter told the Wall Street Journal. The report comes after the companies’ bitter exchanges that ended with Time Warner Cable rejecting Charter’s unsolicited approaches last year, when Time Warner had found a white knight in Comcast Corp (CMCSA.O).