New York-based cable telecom company Time Warner Cable Inc. is loathed by many consumers and loved by many investors. Its shareholders may give incoming chief executive officer Rob Marcus the will to reject a $62 billion offer for the company.

According to Bloomberg, Time Warner Cable delivered a total return of more than 462% since 2009, even if it has lost TV customers over the past years. The said gains will help convince shareholders not to press for a sale.

Time Warner Cable's returns have followed almost $7 billion in stock buybacks and net income that's nearly double on the growth of its highly profitable Internet business, the report said.

These have caught the eye of Charter Communications Inc. and its billionaire backer John Malone. Charter is preparing a takeover offer of about $135 a share that could come early next year, a Bloomberg source said.

Time Warner Cable incoming CEO Marcus has said he's willing to sell the company. But the New York-based cable company reportedly wants an offer of more than $150 per share. Investment bank Evercore Partners Inc. said that Time Warner Cable could even fetch as much as $162 a share in a sale, the report stated.

Time Warner Cable's shareholders aren't pressing the company to engage with Charter or to run a formal sales process at this time, another Bloomberg source said.