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Cox Enterprises Secures Board Seats at Charter With 27.9% Stake

Charter Communications logoCharter Communications
Sig4.08Sen+1.35Env0.00Soc0.00Gov+4.25

Cox Enterprises disclosed a 27.9% beneficial stake in Charter Communications’ Class A shares and set governance terms following the Aug. 19 transaction. The board will be fixed at 13 directors, with Cox able to designate up to three nominees and Alexander C. Taylor serving as chair for three years, plus preemptive and top-up rights.

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