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Read more Calcalist: Time Warner Cable learn to live with the risks CEO of Time Warner percentage of piracy of "Game of Thrones" is better than winning an Emmy Time Warner is selling its headquarters for $ 1.3 billion, most of Marcus prada phone CEO of Time Warner Cable, the cable operator the second largest in the U.S., called the proposal, which stood at 132.50 dollars per share "Low". proposal included $ 83 for each share and a 49.50 in stock. prada phone excluding duties, the transaction prada phone value is $ 37.3 billion.
Charter, which is funded by billionaire John Malone and is considered the fourth largest cable provider, the provider attempts to create TV services, internet and mobile for 20 million subscribers in 38 countries. If the tender offer was approved, the combined company was the operator of the third largest pay-TV, in terms of number of customers, after Comcast and Direct prada phone Download TV
However, the Board of Directors of Time Warner Cable rejected the proposal, claiming it was "not enough". But Marcus added that the company is open to suggestion around $ 160 per share, or $ 100 in cash and $ 60 in shares. "This is what happened: We have not put our house for sale, but we knocked at the door and offered us an offer is too low," said Marcus In an interview yesterday (Monday). prada phone "They want a premium product at a price floor, it's just not going to happen."
Charter currently intends to submit the proposal directly to the shareholders of Time Warner Cable, commented CEO Tom Rutledge. "Time Warner prada phone Cable is not communicated prada phone to us. All discussions were one-way streets, "he said. Routledge, who worked at Time Warner for 23 years, said in an interview with Reuters that he could run the company better.
According to data collected by Bloomberg, the offer amount 61.3 billion takeover bid is the highest since BHP Billiton submitted a bid amount $ 115 billion acquisition of Rio Tinto in 2008. Goldman Sachs and Liontri Advisors, tasks, senior financial advisors Charter.
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