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Charter And Time Warner Deal Seen As Unlikely

  • CNBC, Monday, June 17, 2013 3:07 PM
Charter Communications, mulling its acquisition strategy, has made overtures to Time Warner Cable. But "sources close to Time Warner Cable said the company indicated it had no interest in any sort of a linkup with Charter, believing that it was simply an attempt by Charter to use Time Warner's balance sheet along with its own high multiple stock to pursue a deal that did not make financial sense," writes David Faber.

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