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Wednesday, March 18, 2015

Charter shareholders approve move to help Comcast, Time Warner Cable deal

Charter announced that its shareholders "overwhelmingly" approved the issuance of shares of common stock in New Charter in connection with its planned acquisition of a 33 percent stake in GreatLand Connections. Remember Charter Communications ? It's the Stamford, Conn., TV, Internet and telephone company that agreed to a deal with Comcast to divest the media giant's customers if the $45 billion acquisition of Time Warner Cable is approved.

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