charter buys us giant time warner cable in 787bn deal
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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Charter buys US giant Time Warner Cable in $78.7bn deal

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Egypt Today, egypt today Charter buys US giant Time Warner Cable in $78.7bn deal

US cable company Charter Communications
New York - Arab Today

US cable company Charter Communications announced Tuesday it is acquiring rival Time Warner Cable in a deal valued at $78.7 billion.

The deal will involve a major financial package for the cable giant that was also courted by France's Altice. Charter is giving $195 per share and $100 in cash, it said. If successful, the merger would mark a major consolidation in the industry.

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charter buys us giant time warner cable in 787bn deal charter buys us giant time warner cable in 787bn deal



 
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