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Charter advisers in talks with Time Warner Cable: Bloomberg


    (Reuters) - Charter Communications Inc's advisers are in early talks to buy Time Warner Cable Inc, Bloomberg reported, citing people familiar with the matter. (http://bloom.bg/1DkSPm0)

    Earlier on Friday, Comcast Corp abandoned its $45 billion offer for Time Warner Cable after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market.

    Time Warner Cable and Charter could not be immediately reached for comment.

    (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Kirti Pandey)