Editor in Chief
- Dec 30, 2010
- Reaction score
- Austin, TX
Charter Communications is swooping in to take advantage of the failed merger between Time Warner and Comcast. The company just announced a merger that will see Time Warner Cable absorbed by Charter for a massive $78.7 Billion dollar payout.
We have included the full press release in the thread below for all of the details. Here at HQ, we aren't at all surprised by this. Most of the industry expected this to happen, but the monetary sum is much higher than expected (and quite a bit more that the $45 Billion deal that failed between TWC and Comcast. What do you guys think? Will this one pass the Governmental & consumer muster, or is it doomed to fail too?