Exclusive - Altice looking at acquiring Time Warner Cable: source
Reuters
Published May 20, 2015 00:10
Exclusive - Altice looking at acquiring Time Warner Cable: source
By Liana B. Baker
NEW YORK (Reuters) - French telecom group Altice SA (AS:ATCE) is looking at acquiring Time Warner Cable Inc (N:TWC) and has held talks with the U.S.-based company about a potential deal, according to a source familiar with the matter.
Since its merger with Comcast fell apart last month, Time Warner Cable has also being circled by small rival Charter Communications (NASDAQ:CHTR).
Altice is also looking at privately held Suddenlink, Reuters reported earlier on Tuesday.
Time Warner Cable declined to comment while Altice could not immediately be reached for comment.
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Written By: Reuters
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