(Reuters) - Top executives close to Charter Communications Inc have reached out to management at Time Warner Cable Inc to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday.
John Malone, chairman of Charter's biggest shareholder Liberty Broadband Corp
The report comes after the companies' bitter exchanges that ended with Time Warner Cable rejecting Charter's unsolicited approaches last year, when Time Warner had found a white knight in Comcast Corp
Last week, Reuters reported that Time Warner Cable was open to merger discussions with Charter after Comcast's $45 billion bid for TWC failed, according to people familiar with the matter.
On May 1, Charter reported a bigger quarterly loss, hurt by costs related to the failed deal between Comcast and Time Warner that involved assets Charter was planning to buy.
(Reporting by Marcy Nicholson in New York; Editing by Jeffrey Benkoe)
