As part of a deal with Comcast announced on
Monday to swap customers, Charter had withdrawn its slate a
Charter spokesman said on Wednesday.
Charter had said in February that it was nominating a slate of
13 candidates for election to Time Warner Cable's board as part
of its push to take over the larger company for $38 billion,
shortly before Comcast swooped in with a winning offer of $45
Time Warner Cable said in a filing to the Securities and
Exchange Commission on Tuesday that Charter had withdrawn the
slate April 25.
It also said in the filing that it had scheduled its annual
shareholder meeting for June 5 in New York.
However, Time Warner Cable said shareholders will not be asked
to vote on the merger with Comcast at that time. The deal is
subject to regulatory approval.
The company plans to set a special meeting for a vote on the
transaction later in 2014.
(Reporting By Nicola Leske; editing by Chris Reese)
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