The deal would hinge on Charter's successful
acquisition of Time Warner Cable, Bloomberg said, citing
anonymous sources. Under the framework agreement, Charter would
buy all of Time Warner Cable on its own and later sell these
markets to Comcast, they added.
Reuters reported on Friday that Comcast was seeking an agreement
that would give it the New York market and parts of New England.
The people declined to be named because the matter is not
public, Bloomberg said. A spokesman for Charter declined to
comment while a Comcast representative could not immediately be
Charter has offered $132.50 per share for Time Warner Cable,
which rejected the bid as "grossly inadequate."
(Reporting by Liana Baker; editing
by Steve Orlofsky)
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