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Charter nears deal for Time Warner Cable

Charter Communications Inc. is close to buying Time Warner Cable for about $55 billion, according to two people familiar with the negotiations. The people spoke on condition of anonymity Monday because of the private nature of the deal talks. One of the people said the deal will be announced early Tuesday morning. Charter had wanted to buy Time Warner Cable Inc. earlier, but Time Warner Cable chose a $45 billion offer from Comcast Corp. instead. Comcast walked away from the Time Warner Cable a...

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