The Presidential Daily Brief

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  1. A Time Warner Cable van

    Charter Moves to Buy Time Warner Cable

    Is the fourth time a charm? Time Warner Cable’s recent history is filled with feints, but Charter Communications is nearing a deal. America’s third-largest cable provider has tried three times to join up with TWC, but now a $56 billion buyout is  in the making, including a stock-and-cash deal, a simultaneous merger with Bright House Networks — and a $2 billion breakup fee if the deal doesn’t work out. If the deal goes through, it would consolidate three of the top 10 U.S. cable companies serving a whopping 23 million customers.

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