© 2024 KGOU
Colorful collared lizard a.k.a mountain boomer basking on a sandstone boulder
News and Music for Oklahoma
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Fresh Merger Talks Involving Time Warner Expected To Begin


The wooing of Time Warner Cable continues this week, with Charter Communications expected to take another shot at a merger bid.

But as NPR's Nathan Rott reports, no deal is expected to be struck anytime soon.

NATHAN ROTT, BYLINE: Charter Communications and its backer, Liberty Media Corporation, must be hoping that the third time's the charm.

This will be Connecticut-based Charter's third merger proposal to Time Warner since late last spring. But that's not to say that a deal won't happen. Jeff Kagan is an independent industry analyst.

JEFF KAGAN: The word is that Time Warner wants to be acquired.

ROTT: Though, he says nobody has said so officially. He does thinks that if Charter goes through with the expected proposal, which would offer less than $135 a share and stock, it could start a bidding war with other companies like Comcast and Cox jumping in.

KAGAN: This is going to be a fireworks event. We're going to have an interesting show to watch. And what it's going to look like when the dust settles is the question. I don't have an answer to that. I don't know anyone who has an answer to that.

ROTT: So, as the cable companies say, stay tuned.

Nathan Rott, NPR News. Transcript provided by NPR, Copyright NPR.

Nathan Rott is a correspondent on NPR's National Desk, where he focuses on environment issues and the American West.
More News
Support nonprofit, public service journalism you trust. Give now.