The arrangement with Comcast, which has agreed to acquire Time Warner Cable, would allow Charter Communications to become the country’s second-largest cable operator.
Since Comcast announced its deal for Time Warner Cable, its shares have fallen about 10 percent, meaning Time Warner Cable investors are receiving about $140 a share instead of nearly $159.
Comcast was not intensely engaged with Time Warner Cable until about 10 days or so prior to the announcement of the $45 billion acquisition, according to Comcast’s chief.
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Comcast will announce a deal to acquire Time Warner Cable in an all-stock deal that will unite the first- and second-largest cable television operators in the country, according to people briefed on the matter.
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In its most aggressive move yet to take over Time Warner Cable, Charter is proposing a full slate of directors to its target’s board.
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John C. Malone is weighing a deal for Time Warner Cable, using Charter Communications as the merger partner, people briefed on the matter said.
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