Deals Rumor Mill: Time Warner, Lloyds, Blackstone

Law360, New York (July 19, 2013, 4:51 PM EDT) -- Billionaire John Malone's Charter Communications Inc. has recruited Goldman Sachs to help it put together a takeover bid for Time Warner Cable Inc., its far bigger competitor that rejected an informal buyout approach in late May, according to a Friday report from Bloomberg. Time Warner roundly rejected the prospect of opening talks with Charter earlier this year, but Malone — who owns more than a quarter of Charter's shares — has indicated he will push harder for a potential merger in order to boost his company's...
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