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4-Traders Homepage  >  Equities  >  Nasdaq  >  Charter Communications, Inc.    

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Charter Communications : California Approves Charter Purchase of Time Warner Cable -Bloomberg

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05/12/2016 | 08:31pm CEST

Charter Communications Inc.'s (>> Charter Communications, Inc.) $55 billion purchase of Time Warner Cable Inc. (>> Time Warner Cable Inc) was approved by the California Public Utilities Commission, Bloomberg News reported.

After the Federal Communications Commission voted to approve the deal with conditions last week, the California approval was the last one the companies needed.

Charter plans to close the deal next week, Bloomberg reported.

Full story at http://www.bloomberg.com/news/articles/2016-05-12/charter-twc-deal-clears-final-hurdle-with-california-approval

Write to nymonitoring@dowjones.com

Stocks mentioned in the article : Charter Communications, Inc., Time Warner Cable Inc
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Financials ($)
Sales 2017 41 695 M
EBIT 2017 5 078 M
Net income 2017 1 155 M
Debt 2017 58 012 M
Yield 2017 -
P/E ratio 2017 85,11
P/E ratio 2018 42,24
EV / Sales 2017 3,84x
EV / Sales 2018 3,57x
Capitalization 102 153 M
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 361 $
Spread / Average Target 4,5%
EPS Revisions
Managers
NameTitle
Thomas M. Rutledge Chairman & Chief Executive Officer
John Bickham President & Chief Operating Officer
Christopher L. Winfrey Chief Financial Officer & Executive VP
James A. Blackley EVP-Engineering & Information Technology
W. Lance Conn Independent Director
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