Charter Preparing Time Warner Cable 'Bear Hug' Bid, Report Says

Merger and acquisition rumors continue to swirl in the cable industry, with reports emerging over the weekend that Charter Communications is preparing a bid for Time Warner Cable.

The offer would value TWC at $135 per share, according to a Reuters report. TWC has been the subject of a series of takeover rumors that have intensified in the run up to nomination to seats on the company's board, which are integral to attempts to purchase companies.

Comcast has also been recently named as a prospective suitor for TWC, however there are some questions over whether regulators would allow the first and second-largest cable companies in the U.S. to unite. Read more...