Credit spreads referencing Time Warner Cable (TWC) surged wider again this morning amid reports that Charter Communications is nearing a long-rumored leveraged bid to acquire its substantially larger peer. But speculation regarding potential emerging rivals for TWC is already complicating the outlook, trade data show.
Credit spreads referencing Time Warner Cable (TWC) surged wider again this morning amid reports that Charter Communications is nearing a long-rumored leveraged bid to acquire its substantially larger peer. But speculation regarding potential emerging rivals for TWC is already complicating the outlook, trade data show.
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