After Comcast’s failed bid, Charter wants to give Time Warner Cable another try

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Apparently, Charter Communications is interested in buying up Time Warner Cable after regulators moved to block Comcast from acquiring the nation's second-largest cable company. Comcast abandoned its pursuit of Time Warner Cable amid federal officials' concerns that the combined company would have too much power over the nascent online streaming video industry. Charter had pursued a takeover of Time Warner Cable in 2013.

It first offered to buy the company for nearly $130 a share. Time Warner officials rebuffed the figure, leading Charter to increase its bid to $132 a share. Then Comcast swooped in with a bid of $158 per share, leading to a merger announcement in February 2014. Nineteen months later, however, the deal fell apart. As recently as February, Charter chief executive Tom Rutledge said he would still be interested in buying Time Warner Cable if it came up again.


After Comcast’s failed bid, Charter wants to give Time Warner Cable another try