Charter Makes $61.3 Bln Offer for Time Warner Cable

Charter Makes $61.3 Bln Offer for Time Warner Cable Play

Jan. 13 (Bloomberg) -- Charter Communications Inc. offered to buy Time Warner Cable Inc. for about $132.50 a share, valuing the second-largest U.S. cable provider at more than $61 billion, including debt. Bloomberg's Alex Sherman, Paul Sweeney, Trish Regan and Cristina Alesci report. Porter Bibb, a managing partner at Mediatech Capital Partners, also speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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