Liberty Media Corp is close to buying a 25% stake in US cableco Charter Communications for around USD2.5 billion

Liberty Media Corp is close to buying a 25% stake in US cableco Charter Communications for around USD2.5 billion, the Wall Street Journal reports, citing unnamed sources familiar with the situation. Liberty Media founder John Malone, who is nicknamed ‘the king of cable’ by the US media, controlled Tele-Communications Inc (TCI), which he grew into… Continue reading Liberty Media Corp is close to buying a 25% stake in US cableco Charter Communications for around USD2.5 billion