Wider footprint: A Cox store in Tucson, Arizona. The merger of Cox and Charter will also create the biggest broadband operator in the United States. — Bloomberg
New York: Charter Communications Inc has agreed to combine with closely held Cox Communications in a cash-and-stock deal that would unite two of the biggest US cable providers.
The takeover values Cox at about US$34.5bil including debt, the companies said in a statement last Friday, confirming an earlier Bloomberg News report.
