Charter Agrees To Take Time Warner Cable In $78.7B Deal

Updated: The terms of the $78.7 billion cash and stock transaction are complicated, as you’d expect from any deal that involves a smaller company buying a larger one — and especially an agreement that involves Liberty Media’s John Malone. But if it comes to fruition, then Charter Communications CEO Tom Rutledge will control a cable and broadband powerhouse with 23.9 million customers in 41 states. It would rival Comcast in size and major markets including much of New York…

Click here to view full content