S&P Places Charter Communications (CHTR) on CreditWatch Positive
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Charter to Acquire Bright House Networks for $10.4 Billion
March 31, 2015 8:29 AM EDTSTAMFORD, Conn. and SYRACUSE, N.Y., March 31, 2015 /PRNewswire/ --Â Charter Communications, Inc. (NASDAQ: CHTR) and its subsidiary, CCH I, LLC (together, the "New Charter" or "Charter")1 and Advance/Newhouse Partnership (the parent company of Bright House Networks, LLC) today announced that the companies have reached a definitive agreement (the "Agreement") whereby Charter will acquire Bright House Networks ("Bright House") for $10.4 billion. Bright House is the sixth largest cable operator in the United States, and serves approximately 2 million video customers in central Florida including Orlando and Tampa Bay, as well as Alabama,... More
