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Winfrey: Charter Is ‘Strategically Complete’ - Broadcasting & Cable

Winfrey: Charter Is ‘Strategically Complete’

CFO says company flattered by speculation, but no reason to do deal
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As the speculation wheels continue to spin around a possible acquisition of Charter Communications, chief financial officer Christopher Winfrey said the cable operator, fresh off an $80 billion purchase of Time Warner Cable last year, doesn’t see a compelling reason for a transformative deal.

Talk about a possible deal for Charter has continued despite theprotestationsof the company and one of its biggest shareholders. Among the possible suitors:Verizon,Sprint andAltice USA.

At the Bank of America Merrill Lynch Media, Communications & Entertainment conference in Los Angeles Thursday, Winfrey said Charter believes it is “strategically complete.”

For more, go to multichannel.com.

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