Charter to close $34.5B Cox merger after final regulatory approval
Charter CommunicationsSigSignificance5.54SenSentiment+4.52EnvEnvironment+0.02SocSocial+1.65GovGovernance+1.48
Charter Communications cleared the final regulatory hurdle for its acquisition of Cox Communications, setting up closure of the roughly $34.5 billion deal this week. The combined company will become the largest U.S. cable operator, extending Spectrum’s reach across 41 states and adding Cox’s 6.5 million customers in 18 states. Charter stockholders approved the deal with over 99% of votes, after FCC and DOJ review, with Cox Enterprises expected to hold about 23%.
Coverage (9)
- Full Charter Cox Communications transaction (mainstreetdailynews.com)
- Charter closes $34.5 billion Cox Communications merger (qz.com)
- Charter finalizes $34.5-billion Cox takeover, bringing Spectrum to millions more customers (finance.yahoo.com)
- Charter Closes Acquisition Of Rival Cox In Cable & Broadband Megadeal (deadline.com)
- Charter Closes $34.5 Billion Cox Deal in Cable Megamerger, Company to Adopt Cox Communications Name (variety.com)
- New Cable Giant Emerges: Charter Closes $34.5 Billion Deal for Cox, Plus Liberty Transaction (hollywoodreporter.com)
- Charter and Cox Communications Complete Transaction (corporate.charter.com)
- Cox Communications completes merger, becomes part of Charter's Spectrum brand (lasvegassun.com)
- Charter set to close $34.5B Cox Communications merger this week (journalrecord.com)