Rumor: Time Warner Cable Inc. May Fetch $170/Share From Charter Communications Inc.

Time Warner Cable Inc TWC might get an offer of at least $170 a share from Charter Communications Inc.CHTR, according to a report Wednesday. Executives from the two companies may meet next week to discuss a potential merger, according to CNBC's David Faber. http://www.cnbc.com/id/102573756 Time Warner isn't interested in "anything that's not at least $170" a share, with Charter potentially offering $100 in cash and the rest in stock, according to Farber, who cited an unnamed source. Time Warner declined to accept an unsolicited bid from Charter last year and agreed instead to be acquired by Comcast Corp. CMCSA for $45 billion. The Comcast-Time Warner deal was rejected by antitrust regulators last Friday, when the latest Charter rumor apparently first emerged. http://www.reuters.com/article/2015/04/24/us-comcast-timewarnercable-charter-comm-idUSKBN0NF1ZP20150424 Time Warner, which posts earnings Thursday, changed hands recently at $156.73, down $1.16; Charter was trading at $183.90, up $1.60.