US: Charter Communications agrees to buy Time Warner Cable
May 27 , 2015
Charter Communications is set to buy Time Warner Cable in a proposed deal valuing the media giant at $78.7 billion.
The deal, if it goes through, will bring together America’s second and third biggest cable operators.
Charter has also agreed to buy the cable operator Bright House Networks for $10.4 billion. Together, the three companies will have a customer base of nearly 24 million in more than 40 US states.