Technology investor Paul Allen is negotiating to buy cable operator Charter Communications, according to Broadcasting & Cable magazine. The deal would value Charter at about $3.2 billion, the publication said. Allen previously bought Marcus Cable. The Los Angeles Times is also reporting the transaction. A spokeswoman for Allen's company declined comment. (Allen is an investor in CNET: The Computer Network, publisher of News.com).
Internet
Short take: Paul Allen negotiating to buy Charter Communications
Technology investor Paul Allen is negotiating to buy cable operator Charter Communications, according to Broadcasting & Cable magazine. The deal would value Charter at about $3.2 billion, the publication said. Allen previously bought Marcus Cable. The Los Angeles Times is also reporting the transaction. A spokeswoman for Allen's company declined comment. (Allen is an investor in CNET: The Computer Network, publisher of News.com).
Discuss: Short take: Paul Allen negotiating to buy Charter Communications
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.