Time Warner Cable Inc. is loathed by many consumers and loved by many investors. It’s shareholders who may give incoming Chief Executive Officer Rob Marcus the will to reject a $62 billion offer for the company.
John Malone ’s bid for Barnes & Noble Inc. may have little to do with integrating the bookseller into his other businesses. Instead, he may simply see an opportunity to profit by lending support to an out-of-favor company, much like fellow billionaire Warren Buffett , analysts said.
Cablevision Systems Corp. , the New York-area cable-television provider, is exploring a spinoff of its Rainbow unit, which includes cable channels Sundance, IFC and AMC, the broadcaster of “Mad Men.” The stock jumped.