Lehman Brothers initiated coverage of Charter with an ‘underweight’ rating and a $2 price target. Analyst James Ratcliffe is concerned about the MSO’s high debt load, although he said operating performance is improving. — Liberty Global‘s modified Dutch auction self-tender offers for Series A and C common stock expired Mon, with 9.16mln Series A shares and 48.82mln Series shares validly tendered. Both offers were oversubscribed, and preliminary tabulations place the Series A purchase price at $43.60/share and the Series C price at $40/share.

The Daily


It’s Complicated: Warner Bros Discovery is Coming But Questions Remain

AT&T pinpointed a more exact closing date for the WarnerMedia-Discovery transaction, saying it looks likely to close in 2Q22.

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