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)
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