Doctor! Doctor! Malone Willing to Make a House Call for TWC
By| June 28, 2013
Sure, a Charter-Time Warner Cable merger may seem like a long shot, but one thing the cable industry knows well: when it comes to Dr John Malone, expect the unexpected. “Despite potential financing and regulatory challenges, a potential tie-up of the 2nd and 4th largest US cable providers seems to us far less inconceivable in current dispensation—with Malone’s apparently high regard for Charter CEO Tom Rutledge, while TWC’s CEO Glenn Britt nears end of his term,” said S&P, which is keeping its “buy” on TWC. Here’s how the market responded to a possible deal and why the industry is buzzing about Malone’s potential return to the industry.
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