The Wall Street Journal is reporting that Charter Communications is nearing an agreement with banks to borrow money for a bid for Time Warner Cable, according to people familiar with the situation — a sign that the scrappy cable operator's effort to engineer a combination of the two companies may be moving into high gear. WSJ subscribers can read the full story here.
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Comments (1)
Bobbi Proctor says:
November 22, 2013 at 8:51 am
Another story today in TV News Check is about TWC’s and a cable trade association’s opposition to a proposed Binghamton, NY TV station merger is interesting in view of this possible merger of cable systems. TWC, Cox and other major cable companies control cable in many areas.