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Fly News Breaks for April 1, 2015
TWC, CHTR
Apr 1, 2015 | 07:28 EDT
After Charter (CHTR) agreed to buy Bright House for $10.4B, Wells Fargo says the price was attractive for Charter, while the transaction will help facilitate the Time Warner Cable (TWC) deal. The firm adds that the deal reduces Charter's debt. Wells keeps an Outperform rating on Charter.