Time Warner Cable, Charter held deal talks with Bright House: WSJ
By Reuters
Apr 30, 2015 07:40 PM EDT
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Apr 30, 2015 07:40 PM EDT
Time Warner Cable Inc (TWC.N) and Charter Communications Inc (CHTR.O) separately held acquisition talks with Bright House Networks, the Wall Street Journal reported, citing sources.
The talks are preliminary, the Journal said.
Comcast Corp (CMCSA.O) abandoned its $45 billion offer for Time Warner Cable last week.
Charter, which lost out on a bid for Time Warner Cable last year, said in March it would buy Bright House.
The Charter deal for Bright House was contingent on the expiration of Time Warner Cable's "right of first offer" for Bright House.
Bright House declined to comment. Charter and Time Warner were not immediately available for comment.
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