Scalper1 News
After losing Time Warner Cable to Comcast, the question is whether Charter Communications and John Malone still have an M&A road map for the cable industry. Charter (CHTR) stock has slipped 9% since Comcast (CMCSA) announced on Feb. 13 it had agreed to acquire Time Warner Cable (TWC), derailing Charter’s hostile takeover bid. For Charter shareholders, M&A ambitions are key. It’s unclear if Charter can amass assets equal to what TWC would have Scalper1 News
Scalper1 News