Deals
Comcast Talks From Sochi Win Time Warner Cable in Six-Day Sprint
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On Feb. 4, executives of cable operators Comcast Corp. and Charter Communications Inc. gathered at the Manhattan offices of law firm Wachtell Lipton Rosen & Katz to discuss Charter’s bid to buy Time Warner Cable Inc. It proved to be the final straw for Comcast and its chief executive officer, Brian Roberts.
Comcast had negotiated for weeks on a deal with Charter to acquire Time Warner Cable assets if it were successful in its purchase. Yet Comcast wasn’t happy with Charter’s handling of the proposed agreement, according to people familiar with the matter.