Time Warner Cable about to escape Patrick Drahi

by bold-lichterman

Time Warner Cable is officially on sale, however Patrick drahi comes a little late in a takeover which should benefit John Malone through his Charter company. The transaction is worth $ 55.1 billion. The offer would be $ 195 per share, including 100 in cash.

Charter Communications, which is not at its first attempt to buy out Time Warner Cable, aims to attack the market leader Comcast. This announcement, which should take place today, at least temporarily closes the case, unless we imagine a merger with Charter.