By Denny Jacob
--Charter Communications is in advanced talks to combine with privately held Cox Communications, Bloomberg reported, citing people familiar with the matter.
--The cable providers are discussing a cash and stock deal that would value Cox at more than $30 billion including debt, according to the report. The Cox family would be the largest shareholder in the combined company with a stake of about 20% and would hold seats on its board, Bloomberg added.
--A deal could be announced within days, according to the report.
--Representatives for Charter and Cox couldn't be immediately reached outside of regular business hours, according to Bloomberg.
Full story at https://www.bloomberg.com/news/articles/2025-05-16/charter-is-in-talks-to-combine-with-rival-cox-communications?srnd=homepage-americas
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
May 16, 2025 06:36 ET (10:36 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。