Deals Rumor Mill: Time Warner, Anglo American, Murdoch
By Karlee Weinmann (June 28, 2013, 1:39 PM EDT) -- The billionaire owner of Liberty Media Corp. is weighing whether it can acquire Time Warner Cable Inc. through its partially owned subsidiary, Charter Communications Inc., despite the media giant's previous rejections, Bloomberg reported on Friday. John Malone is working to cobble together an offer with a big enough cash piece to win over Time Warner investors, a tough challenge for Charter, whose $12.5 billion debt load exceeds its market capitalization. Time Warner, a multinational company with interests across virtually all media channels, is valued at $31.5 billion and would likely demand a heft premium. Charter parent Liberty could borrow against its own balance sheet to come up with the cash, but Time Warner has already written off the notion of a deal with the company....
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