Why Charter Fancies Bright House

[P]ress reports that Charter Communications Inc. has quietly been talking to Bright House Networks about buying the smaller US cable operator for months. Citing unnamed sources, Bloomberg reported Thursday that Charter is negotiating to acquire Bright House in an all-stock deal that could be valued at $12 billion. […] why would Charter chase after privately held Bright House, the sixth largest US cable operator with about 2.5 million overall subscribers, right now? After all, Charter is already set to inherit up to 3.9 million cable subscribers from Comcast Corp. and Time Warner Cable Inc. if federal regulators approve Comcast’s proposed $45.2 billion takeover of TWC. That transaction would nearly double Charter’s size, leapfrogging it from the fourth biggest to the second biggest MSO in the land. – Alan Breznick, Light Reading
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