Time Warner Cable Rejects Charter Communications Again
Jan 14th 2014 9:01PM
Updated Jan 14th 2014 9:02PM
In this video from Tuesday's Investor Beat, host Chris Hill and Motley Fool analysts Dave Meier and Mike Olsen dig into the biggest investing stories on the market today.
Time Warner Cable has rejected a 3rd buyout offer from Charter Communications , calling the bid "grossly inadequate." Charter offered $132.50 per share, but Time Warner is looking for $160. Mike and Dave discuss the real value of Time Warner today and the strength of the business at the moment, and just what might happen to the company if the acquisition does or does not take place. Mike also gives one somewhat hidden way for investors to play this acquisition story.
Is cable really on the way out?
You know cable's going away. But do you know how to profit? There's $2.2 trillion out there to be had. Currently, cable grabs a big piece of it. That won't last. And when cable falters, three companies are poised to benefit. Click here for their names. Hint: They're not Netflix, Google, and Apple.
The article Time Warner Cable Rejects Charter Communications Again originally appeared on Fool.com.Chris Hill and Michael Olsen, CFA, have no position in any stocks mentioned. David Meier owns shares of Apple. The Motley Fool recommends and owns shares of Apple, Google, and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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