The following corporate finance-related stories were reported by media: * Charter Communications Inc reached out to Comcast Corp this week about teaming up to purchase Time Warner Cable Inc, after the larger rival rejected its $37.3 billion takeover bid, according to people familiar with the matter.* A number of Time Warner Cable shareholders would support a merger with Charter Communications Inc if Charter raises its current bid for the larger rival to $41 billion or more, according to people close to the matter.
Charter Communications, Inc. (Charter) provides cable services in the United States, offering a range of entertainment, information and communications solutions to residential and commercial customers. Shares of CHTR fell by 0.95% or $-1.3/share to $136.04. In the past year, the shares have traded as low as $76.19 and as high as $144.02. On average, 874286 shares of CHTR exchange hands on a given day and today's volume is recorded at 1375568.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC fell by 0.64% or $-0.87/share to $135.13. In the past year, the shares have traded as low as $84.57 and as high as $139.85. On average, 2653120 shares of TWC exchange hands on a given day and today's volume is recorded at 3416107.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.29% or $-0.19/share to $65.14. In the past year, the shares have traded as low as $49.23 and as high as $70.77. On average, 4340090 shares of TWX exchange hands on a given day and today's volume is recorded at 7413074.
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