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Charter withdraws slate for Time Warner Cable’s board

30
Apr
2014

(Reuters) – Charter Communications, which lost out to Comcast Corp in a bid to acquire Time Warner Cable Inc, has withdrawn its slate of nominees to Time Warner Cables board. As part of a deal with Comcast announced on Monday to swap customers, Charter had withdrawn its slate a Charter spokesman said on Wednesday.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 had said in February that it was nominating a slate of 13 candidates for election to Time Warner Cables board as part of its push to take over the larger company for $38 billion, shortly before Comcast swooped in with a winning offer of $45 billion.

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