Charter Communications' deal to merge with Time Warner Cable comes after Comcast's bid crumbled under regulatory scrutiny. But Charter and TWC say that won't happen twice.
The bulking up of a second giant would shake up the cable industry, which is struggling to keep pay-TV subscribers as all-digital rivals emerge.
Charter is courting Time Warner Cable again, this time offering $55 billion in cash and stock, according to the Wall Street Journal.
If the deal is approved, Charter Communications will become the No. 2 cable company in the US, at a time when more people are cutting the cord in favor of services like Netflix and Amazon Prime.
Commentary: A proposal by Federal Communications Commission Chairman Tom Wheeler calls for cable companies like Comcast to "unlock the set-top box." Unlocking isn't enough. The box should die, once and for all, and be replaced by apps.
Technically Incorrect: Comcast, Time Warner and Charter make a poor showing for cable TV service. And as for Internet Service Providers, oh, don't ask.
Scrutiny from regulators proves too much for a proposed $45 billion deal to combine the two biggest US cable operators. However, the merger frenzy may start back up, thanks to Charter Communications.
The nation's fourth largest cable operator publishes a letter sent to Time Warner Cable, the second largest US cable operator, asking the company's execs to meet them at the bargaining table.
The company will sell customers to competing cable companies, including Charter Communications, which would become the second-largest cable provider in the country.
China activates an international charter started in 1999 to aggregate global space data from satellites in an effort to locate Malaysian Airlines' flight MH370.