06:09 AM EDT, 05/16/2025 (MT Newswires) -- Charter Communications ( CHTR ) is reportedly in advanced discussions to merge with privately held Cox Communications in a cash-and-stock deal valuing Cox at over $30 billion including debt, Bloomberg reported Friday, citing unnamed people familiar with the matter.
The report said the Cox family would become the largest shareholder in the combined company, holding around a 20% stake and board seats.
A deal could be announced within days, though talks are ongoing and not finalized, Bloomberg said.
Charter and Cox did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)