Charter To Raise $25B For Potential Time Warner Cable Bid

Mani

Published onNovember 28, 2013

Updated on May 13, 2021

Charter Communications, Inc. (NASDAQ:CHTR) is reportedly in talks with banks to raise $25 billion in cash as it looks to acquire Time Warner Cable Inc (NYSE:TWC).

The amount of debt indicates Charter could offer about $90 per share for the company in cash.

Charter pursuing Time Warner Cable takeover

As reported earlier, Charter Communications, Inc. (NASDAQ:CHTR) is pursuing a takeover bid for Time Warner Cable. John Malone, chairman of Liberty Media Corp (NASDAQ:LMCA), initiated a deal between Charter and Time Warner Cable. Malone aims to regain...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Charter To Raise $25B For Potential Time Warner Cable Bid

Charter pursuing Time Warner Cable takeover

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