Time Warner Cable is reportedly being acquired by Charter Communications

Remember that Time Warner/Comcast merger basically everyone was hoping wouldn’t happenuntil it was canceled a month ago? Well, it looks like Time Warner Cable is taking its assets to a smaller provider instead. The Wall Street Journal reports that Charter Communications is very near announcing a deal to purchase Time Warner – despite the former being the smaller company. The announcement could happen as soon as Tuesday. Charter would also incorporate smaller provider Bright House Networks. Combined, Charter would then have 23 million customers, leaving it behind only Comcast, which remains the largest provider with 27 million customers. The original…

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