REPORT: Charter near $55 billion deal to acquire Time Warner Cable

HUFFPOST ALERT REPORT: Charter Near $55 Billion Deal To Acquire Time Warner Cable AP May 25 (Reuters) - Charter Communications Inc is nearing a $55 billion agreement to acquire Time Warner Cable Inc , combining the third- and second-largest U.S. cable operators, a person familiar with the matter said on Monday. The cash and stock deal, which values Time Warner Cable at $195 per share, comes just one month after Comcast Corp dropped its $45.2 billion merger agreement with Time Warner Cable over antitrust concerns. Read the whole story Follow HuffPost on Facebook and Twitter Know something we don't? Email us at breakingnews@huffingtonpost.com Unsubscribe | Forward | Manage your notification preferences 770 Broadway, New York, NY 10003