Time Warner Cable Selloff Unlikely as Malone Stands By
"Backstopping Time Warner Cable’s share price is the expectation that Charter Communications Inc. would buy the company if Comcast doesn’t".
Chaplin estimates Charter now would have to bid at least $160 a share. Comcast’s all-stock offer was worth $158.82 when it was announced in February 2013 and $168.10 on Monday.
“Charter is likely to come in pretty aggressively with another offer, possibly at a premium to Comcast’s original offer,”
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