Time Warner Cable Rejects $37.3 Billion Offer From Charter, But Takeover Attempt Is Just Beginning

Time Warner Cable Rejects $37.3 Billion Offer From Charter, But Takeover Attempt Is Just Beginning

Yesterday, the backers of Charter Communications made a $37.3 billion offer to purchase Time Warner Cable. It was Charter’s third cash offer to TWC and it was quickly rejected by the larger cable company’s board as “grossly inadequate.” But that doesn’t mean this is the end of the road for Charter’s bid to merge with TWC. [More]