For John Malone, A Possible Cable Return

As a pioneer in the U.S. cable industry, John Malone's hard-nosed deal making earned him the moniker "Darth Vader." Now, 14 years after selling a big chunk of his empire to AT&T, Malone is returning to the fray. According to the Wall Street Journal, his Liberty Media Corp. is close to an agreement to buy 25% of Charter Communications for about $2.5 billion, say people familiar with the situation. WSJ subscribers can read the story here.


Comments (0)

Leave a Reply