Comcast Corp. and Charter Communications Inc. appointed Michael Willner, the co-founder of Insight Communications Inc., as the chief executive officer of the new cable carrier they’re creating.
Charter Communications Inc. reached an agreement to take control of 3.9 million more cable-TV customers, helping Comcast Corp. ease the approval process for its merger with Time Warner Cable Inc.
For Tom Rutledge, the man orchestrating a $61 billion takeover battle for Time Warner Cable Inc., the role of dealmaker came late in his career.
U.S. retail sales probably rose in February as consumer spending stabilized, data in the coming week may show.
Time Warner Cable Inc. rejected an acquisition offer from Charter Communications Inc. valued at more than $61 billion including debt, spurning the biggest unsolicited takeover bid since 2008.
Charter Communications Inc. may not lick its wounds for long before trying to grab another piece of the consolidating U.S. cable industry.
Cablevision Systems Corp. dropped the most in seven weeks after saying Chief Operating Officer Tom Rutledge will step down this month for undisclosed reasons.
Rob Marcus morphed into a hero for Time Warner Cable Inc. shareholders only 44 days into his tenure as chief executive officer of the cable-TV company.
"The transactions announced today will provide Charter with greater scale, growth opportunities and improved geographical rationalization of our cable systems, which in turn will drive value for shareholders and more effective customer service."
- Tom Rutledge on Apr 28, 2014