Verizon eyeing deal with cable firm Charter Communications
Verizon Communications is in merger talks with cable company Charter Communications in a move that could see the telecoms giant looks further consolidate its empire, which already includes AOL and Yahoo, according to reports.
Verizon chief executive Lowell McAdam has made a “preliminary approach” to officials close to Charter, which has a market value of more than $80bn, the Wall Street Journal reports.
The telecoms firm is working with advisers to study a potential transaction, it said, though whether a deal will materialize from the talks is not yet known.
It would mean combining Verizon’s more than Read full story ›
Source: The Drum
