Charter Communications nears $55 billion deal for Time Warner Cable – sources

May 25, 2015 admin biggest, boehner, comcast, critical, diego, dropped-its, homework, people-familiar, said-on-monday, shows-icons, third-largest, warner, well-as-google

Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S.

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Charter Communications nears $55 billion deal for Time Warner Cable – sources