Charter Receives Stockholder Approvals Necessary for Time Warner Cable and Bright House Networks Transactions
STAMFORD, Conn., Sept. 21, 2015 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) ("Charter") today announced that its stockholders have approved Charter's previously announced transactions with Time Warner Cable Inc. and Bright House Networks, LLC at its special meeting of stockholders this morning. More than 99% of the votes cast for each of the proposals voted in favor of each of the proposals, and more than 98% of votes cast for each of the proposals, excluding votes associated with Charter Class A common stock beneficially owned by Liberty Broadband and its affiliates and associates, voted in favor of each of the proposals.
The closing of Charter's previously announced transactions with Time Warner Cable Inc. and Bright House Networks, LLC, are subject to regulatory review and other customary conditions.
About Charter Charter (NASDAQ: CHTR) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including Spectrum TV™ video entertainment programming, Spectrum Internet™ access, and Spectrum Voice™. Spectrum Business™ similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Spectrum Reach™ brand. More information about Charter can be found at charter.com.