Charter Communications Inc (CHTR.O)
22 Aug 2017
* Third Point LLC cuts share stake in Charter Communications Inc by 37.5 percent to 500,000 Class A shares - SEC filing
LONDON (Reuters Breakingviews) - A takeover of Charter Communications would be a deal too far even for Patrick Drahi. The billionaire’s Altice and its U.S. arm are working on a bid for the $180 billion cable group, according to reports. The hefty price tag and Charter shareholder John Malone’s probable unwillingness to take stock with poor voting rights may scupper that.
Aug 9 Netherlands-based telecom conglomerate Altice NV and its U.S. cable unit are in the early stages of working on an offer to buy Charter Communications Inc , sources told Reuters on Wednesday, in a move that would build more scale in the United States.
Aug 9 French telecom giant Altice NV and its U.S. cable unit are working on an offer to buy Charter Communications Inc but are yet to submit a proposal, CNBC reported, citing people close to the situation.
* Altice weighing bid for Charter Communications- CNBC, citing sources Source http://cnb.cx/2vlGFyB
TOKYO SoftBank Group Corp , a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies [UBER.UL] or Lyft Inc in the future.
TOKYO SoftBank Group Corp, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies or Lyft Inc in the future.
* Interested in investing in ride-hailing apps Uber and Lyft - Son
TOKYO Japan's SoftBank Group Corp on Monday reported a 50.1 percent rise in first-quarter operating profit, after the company included Vision Fund, the world's largest private equity fund, as a new reportable segment and booked a valuation gain.
NEW YORK Viacom Inc could gain a leg up in negotiations with distributors and ward off declines in U.S. ad revenue and sales by finding a merger partner, analysts said on Friday.