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Charter and Cox Communications Announce $34.5 Billion Merger Deal

The combined company is expected to surpass Comcast as the nation’s largest cable provider and will operate in 46 states.
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Charter and Cox Communications Announce $34.5 Billion Merger Deal
A Charter Communications van in St. Louis, Mo., on April 1, 2015. Jeff Roberson/AP Photo
Wesley Brown
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Charter Communications Inc. announced on May 16, ahead of the opening bell, that it had completed a “transformative transaction” to merge with rival Atlanta-based cable giant Cox Communications in a deal valued at $34.5 billion.
In a conference call announcing the blockbuster deal to investors, shareholders, and Wall Street analysts, Charter President and CEO Chris Winfrey stated that the agreement would enable the combined company to compete with larger national and global competitors that bundle cable, wireless, broadband, and video streaming services.
Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.