Liberty Media Corp. (NASDAQ: LMCA) announced on Tuesday that it has agreed to acquire 27.3% stake in the cable TV provider, Charter Communications Inc. (NASDAQ: CHTR) in a deal estimated at $2.62 billion or $95.50 a share, which represents a discount of 3% on Charter’s closing stock price as of Monday March 18th.
Continue reading Liberty Media to Buy 27.3% Stake in Charter Communication (LMCA, CHTR)