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John Malone
Charter Communications to buy Bright House Networks in $10.4-billion deal
Charter Communications to buy Bright House Networks in $10.4-billion deal

Charter Communications Inc. has scooped up Bright House Networks with a proposed $10.4-billion takeover bid that accelerates the consolidation of the cable television and Internet service landscape. The move is part of Charter's aggressive push to become an industry juggernaut. The deal, announced Tuesday, and another pending transaction with Comcast Corp. would make Charter the second-largest cable operator in the U.S. with about 10 million customers. Privately held Bright House Networks is the nation's sixth-largest cable operator, with more than 2 million subscribers. The Syracuse, N.Y., company serves about 65,000 subscribers in Bakersfield, as well as fast-growing...

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