Report: Liberty expects Charter-Time Warner Cable synergies of $700M

12/20/2013 | Reuters

If Charter Communications were to merge with Time Warner Cable, the combination could yield about $700 million in yearly synergies, according to sources that cite estimates by top Liberty Media executives. Liberty Media, led by John Malone, has a 27% stake in Charter and is pushing for the takeover. Time Warner Cable is reported to estimate the synergies at nearly $500 million.

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