New York (TheStreet) -- Charter Communications
would like to buy Time Warner Cable
, and its investors have long cheered the proposition of a merger that could create a more formidable competitor to Comcast
Part of Charter’s case for taking over Time Warner Cable has been that it could do a better job running its rival cable operator. First-quarter results from the companies didn’t do much to advance that argument.
Morgan Stanley initiated coverage Thursday on Charter Communications, Inc. (NASDAQ: CHTR) and Time Warner Cable Inc (NYSE: TWC).
Analyst led by Benjamin Swinburne felt that the move towards consolidation would continue and recommended Charter...
Friendly negotiations between the two companies would be in sharp contrast to their acrimonious exchanges in 2013 and early 2014 that ended with Time Warner Cable rejecting unsolicited approaches by Charter and instead finding a white knight in...
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