Charter and Cox target September close for $34.5 billion merger
Charter and Cox are reportedly working to close a $34.5 billion merger by September 15. The potential deal's completion would coincide with the SCTE TechExpo, similar to past Charter acquisitions.
Key Takeaways
- The merger value is $34.5 billion.
- Charter and Cox are reportedly aiming to close by Sept. 15.
- That timing would place the transaction around SCTE TechExpo.
- The article says there is still work to do in California before the deal can close.
Why It Matters
If Charter and Cox close by Sept. 15, the transaction would land around SCTE TechExpo, giving the cable and broadband sector a major ownership change in the same window as a key industry gathering. The article also notes that this would not be the first time Charter has closed a big deal around a major industry event, underscoring the timing pattern. The near-term signal to watch is whether California approval work is completed in time to keep the Sept. 15 target intact.
Read full article at cablefax.com
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