Shares of cable TV operator Charter soar on report Malone's Liberty is taking 25 pct stake

  • by: Associated Press
  • Updated: March 18, 2013 - 2:17 PM

LOS ANGELES - Shares of cable TV operator Charter Communications jumped Monday after The Wall Street Journal reported that John Malone's Liberty Media Corp. is near a deal to buy a 25 percent stake in the company for $2.5 billion.

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