Charter To Raise $25B For Potential Time Warner Cable Bid

Charter Communications, Inc. (NASDAQ:CHTR) is reportedly in talks with banks to raise $25 billion in cash as it looks to acquire Time Warner Cable Inc (NYSE:TWC). The amount of debt indicates Charter could offer about $90 per share for the company in cash. Charter pursuing Time Warner Cable takeover As reported earlier, Charter Communications, Inc. (NASDAQ:CHTR) is pursuing a takeover bid for Time Warner Cable. John Malone, chairman of Liberty Media Corp (NASDAQ:LMCA), initiated a deal between Charter and Time Warner Cable. Malone aims to regain his status and shake up the cable industry as Cable King. Liberty Media owns a…