Replies to post #562358 on $Stock*Shop*Charts*News*Option$

[sludgehound]

CHTR bit lower from pre h

That ICEL thing active pre @same as yest.

Slipped bit from +14 to +10

08:50 AM EDT, 03/31/2015 (MT Newswires) -- Charter Communications (CHTR) shares climbed in Tuesday's pre-market session as the provider of cable services confirmed it has agreed to buy Bright House Networks, a cable operator with 2 million subscribers, for $10.4 billon.
CHTR was up 6.2% recently at $194.80. Earlier in the pre-market session, the stock traded as high as $203.50, which would mark an all-time high for the stock, whose intraday high going into Tuesday's regular session is $196.00.
The provider of cable services including entertainment and video, internet and telephone services said Bright House is the U.S.'s sixth-largest cable operator, with subscribers in Florida, Alabama, Indiana, Michigan and California.
Under the terms of the deal, the business will be conducted through a partnership in which Charter will own 73.7% and Bright House's parent company, Advance/New House, will own 26.3%.
"The deal is subject to several conditions, including Charter shareholder approval, the expiration of Time Warner Cable's right of first offer for Bright House, the close of Charter's previously-announced transactions with Comcast and regulatory approval," Charter said.
The announcement from Charter confirms an earlier report by Reuters.
Price: 194.80, Change: +11.41, Percent Change: +6.22
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