18.07.2013 21:50:00

Time Warner Cable, Inc. -- Moody's: Time Warner Cable could consider defensive acquisition to avoid leveraged takeover

New York, July 18, 2013 -- Time Warner Cable, Inc. has several options if it wishes to preserve its investment-grade rating in the face of a potential leveraged takeover by Charter Communications, Moody's Investors Service says in a new report, "Time Warner Cable: Options for Fending Off a Leveraged Takeover and a Drop to High Yield." Among other possibilities, it could make itself a less attractive target for an unsolicited leveraged takeover if it made a defensive acquisition of another company.

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