Charter Communications buys Time Warner in deal worth $56.7B to create new cable behemoth

VentureBeat
By Chris O'BrienMay 26, 2015, 6:37 am277 pts
America’s fourth largest cable provider Charter Communications announced today it will buy the country’s second largest cable provider Time Warner Cable in a deal valued at $56.7 billion in cash and stock. In addition, Charter is also acquiring Bright House Networks, the nation’s sixth largest cable…

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