12/10/2013

Executives from Charter Communications and Time Warner Cable, during separate appearances at an investor conference in New York, discussed the general benefits of merging without addressing rumors of potential bids involving their companies, Cox and Comcast. Time Warner Cable's thinking on mergers, as either buyer or seller, "is 100% driven by what's in the best interest of our shareholders," said Rob Marcus, Time Warner Cable's incoming CEO. Meanwhile, Charter CEO Tom Rutledge said mergers yield operational and technological innovations, as well as cost savings.

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