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Monday, February 10, 2014

Market Chatter- Corporate finance press digest, (NASDAQ: CHTR), (NYSE: TWX)

The following corporate finance-related stories were reported by media: * Charter Communications is planning to announce 13 nominees to Time Warner Cable Inc's board as soon as Tuesday, setting the stage for a proxy fight with the larger cable operator, according to a person familiar with the matter.* The world's biggest steel producer ArcelorMittal is among parties considering buying Italian steelmaker Ilva, depending on the cost of an environmental cleanup plan ordered by the government, several sources said on Monday.

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 traded higher by 0.09% or $0.12/share to $137.62. In the past year, the shares have traded as low as $76.19 and as high as $144.02. On average, 1129770 shares of CHTR exchange hands on a given day and today's volume is recorded at 1699347.

Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.41% or $-0.26/share to $63.65. In the past year, the shares have traded as low as $51.62 and as high as $70.77. On average, 4977370 shares of TWX exchange hands on a given day and today's volume is recorded at 6122040.



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