Deals
Charter in Talks to Buy Newhouse’s Bright House Networks
Newhouse’s Bright House May Be Bought by Charter
This article is for subscribers only.
Charter Communications Inc., the U.S. cable company that was outbid in an effort to buy Time Warner Cable Inc. last year, is in talks to acquire billionaire Si Newhouse Jr.’s Bright House Networks, people with knowledge of the matter said.
The discussions have been ongoing for months and both sides have agreed on the outline of a potential all-stock deal, two people said, asking not to be identified discussing private information.