Exclusive: Charter, Comcast in renewed talks on Time Warner Cable bid

By Soyoung Kim and Liana B. Baker NEW YORK (Reuters) – Charter Communications Inc reached out to Comcast Corp this week about teaming up to purchase Time Warner Cable Inc, after the larger rival rejected its $37.3 billion takeover bid, consistent with individuals aware of the subject. Charter approached Comcast on Wednesday to speak about carving up the second-biggest U.S. cable company's techniques and subscribers, the folks mentioned, asking not to be named as a result of they weren’t approved to speak with the media. Charter, the No. four U.S. cable provider, and Comcast, the top U.S. cable supplier, are in preliminary discussions about the way to construction a potential alliance, the folks mentioned. One chance is that Constitution buys all of Time Warner Cable and sells off a few of its markets and subscribers to Comcast, some of the people said.