02.07.2013 22:07:00
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Time Warner Cable, Inc. -- Moody's: Time Warner Cable Could Lose Investment Grade Rating in Charter Take-Over
New York, July 02, 2013 -- Holders of Time Warner Cable's bonds should be wary, Moody's Investors Service says in a new report, "Time Warner Cable Likely to Lose Investment Grade Rating In a Charter Takeover." Dr John Malone has recently re-entered the US cable market, and numerous reports state that he not only believes the industry is ripe for consolidation, but is interested in merging with Time Warner Cable.