(Reuters) – Charter Communications, which lost out to Comcast Corp in a bid to acquire Time Warner Cable Inc, has withdrawn its slate of nominees to Time Warner Cables board. As part of a deal with Comcast announced on Monday to swap customers, Charter had withdrawn its slate a Charter spokesman said on Wednesday. Charter […]
Comcast today announced a pair of moves that will rid it of a combined 3.9 million subscribers, in an attempt to make its Time Warner merger sit more easily with regulators. Comcast will sell 1.4 million subscribers to rival (and previous Time Warner suitor) Charter Communications for $7….
In preparation for its pending buyout of Time Warner Cable, Comcast has agreed to transfer a portion of its post-merger subscribers to Charter Communications. The deal, which was rumored last week and confirmed this morning, will see roughly 1.4 million Time Warner Cable subscribers sold to Charter, expanding its 4.4 million video customer base to around […]
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