Charter Communications Close To $55 Billion Deal To Buy Time Warner Cable: Report
<p>Fresh off its failed merger with Comcast, Time Warner Cable reportedly was speeding Monday toward a link with Charter Communications for a whopping $55 billion.</p>
<p>Charter and its billionaire backer John Malone offered to pay $195 per share in the blockbuster deal, with <a href="http://www.bloomberg.com/news/articles/2015-05-25/charter-said-to-near-deal-for-time-warner-cable-at-195-a-share">$100 coming from cash and the rest from stock</a>, Bloomberg News reported.</p>
