Charter Communications and Cox Communications Announce Definitive Agreement to Combine, Creating Industry Leader in Communications

Reuters
05-16
Charter Communications and Cox Communications Announce Definitive Agreement to Combine, Creating Industry Leader in Communications

Charter Communications Inc. and Cox Communications have announced a definitive agreement to combine their businesses, creating a leading entity in the mobile and broadband communications industry. The merger, valued at approximately $34.5 billion, aims to enhance seamless video entertainment and high-quality customer service for employees, customers, communities, and shareholders. This transaction is expected to coincide with the previously announced Liberty Broadband merger, after which Liberty Broadband will no longer be a direct shareholder in Charter. Upon completion, Charter, Cox Enterprises, and Advance/Newhouse will enter into a revised stockholders agreement to govern shareholder matters. The merger signifies a transformative step in the communications sector, promising significant benefits for all stakeholders involved.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charter Communications Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA89836) on May 16, 2025, and is solely responsible for the information contained therein.

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