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Hours after Comcast walked away, Time Warner Cable may already have a new bidder

Jonathan Marino   

Hours after Comcast walked away, Time Warner Cable may already have a new bidder
Finance1 min read

time warner cable

Joshua Lott/Reuters

Time Warner Cable could already be in another buyer's crosshairs.

Charter Communications may want to buy Time Warner Cable.

A Bloomberg report said that, less than 24 hours after Comcast walked away from a $45 billion deal, Charter Communications advisors are readying a potential bid for the cable company.

Time Warner Cable shares jumped more than 5% in late-afternoon trading on the report.

We'll have more on this breaking news as the story develops, readers can tip us at jmarino@businessinsider.com.

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