Charter Explores Bid for Time Warner Cable
http://www.wsj.com/article_email/charter-looks-at-possible-time-warner-cable-bid-1429899503-lMyQjAxMTE1MTI1NDYyNzQwWj
"Time Warner Cable is worried about the level of debt the combined
company would have since Charter would have to raise a large amount to
finance a deal, the person said. And Time Warner Cable believes
Charter's shares are overvalued. Indeed, Time Warner Cable believes
it is in position to be an acquirer, though Charter might not be its
target, because its stock is viewed as expensive, the person said.
Despite the promise of friendly talks by people close to Charter's
camp, there are strained relations between the companies from the
hostile bid Charter made last time."
- - -
--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Founder:
- Network Neutrality Squad: http://www.nnsquad.org
- PRIVACY Forum: http://www.vortex.com/privacy-info
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Member: ACM Committee on Computers and Public Policy
Lauren's Blog: http://lauren.vortex.com
Google+: http://google.com/+LaurenWeinstein
Twitter: http://twitter.com/laurenweinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
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