Time Warner Cable Rejects Charter's "Low-Ball" $61.3 Billion Offer
January 14, 2014 at 14:28 PM EST
After Time Warner Cable (NYSE: TWC ) CEO Rob Marcus called a Charter Communications (NASDAQ: CHTR ) $61.3 billion, $132.50 a share acquisition bid a “low-ball offer,” the nation’s number three cable operator rejected the bid Monday, according to Bloomberg . Instead, Marcus said, the company was open to