Cox Gets Time Warner Cable Treatment As Malone Pivots, Possible Charter Merger |
| August 02, 2013 | August 2013 Bond Updates |
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Billionaire John Malone continues to send shudders through the high-grade cable sector, this time causing heartburn for holders of debt backing privately held Cox Communications. Citing unnamed sources, a Bloomberg article published this morning indicated that Cox is in talks with Charter Communications (CHTR) regarding a potential merger, after Time Warner Cable (TWC) previously rebuffed initial M&A overtures from Malone?s affiliates. |
| View more at: http://www.forbes.com/sites/spleverage/2013/08/02/cox-gets-time-warner-cable-treatment-as-malone-pivots-possible-cox-merger/ |
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