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Key Takeaways Deal activity appears to be picking up as investors ride the AI wave and markets hit record highs, helping 2025 ...
Charter Communications said Friday it would buy privately held rival Cox Communications for $21.9 billion, uniting two of the largest US cable and broadband operators as they battle streaming ...
That shows in the fact that Charter has valued Cox at 6.4 times estimated ebitda for this year, the same multiple on which Charter itself trades. Factoring in the $500mn of expected cost savings ...
Charter Communications announced plans to buy rival Cox Communications, which serves much of San Diego County, for $21.9 billion.
Cox Enterprises will own about 23% of the combined company's outstanding shares. The transaction, which needs approval from Charter shareholders as well as regulators, includes $12.6 billion in debt.
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