AcquisitionMay 16, 2025Completed
🇺🇸 United States
CCCox CommunicationsCCCharter Communications, Inc.
Media & Telecom › Media & Entertainment
Deal valueUndisclosed
AnnouncedMay 16, 2025
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Charter Communications agreed to acquire Cox Communications from Cox Enterprises, paying with about 33.6 million common units of Charter Holdings (implied value about $5 billion), $6 billion of convertible preferred units and about $4 billion in cash. About $12 billion of Cox debt and finance leases remains outstanding. Charter also acquired Liberty Broadband in an all-stock deal.
Deal rationale
The combination creates the leading broadband and video company in the U.S. with expanded scale to compete with national and global connectivity and entertainment companies.
AI-generated from the SEC filingCompletedMedia & Telecom › Media & EntertainmentUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
CCitiLLionTree
Sell-side
AAllen & CompanyEEvercoreWFWells Fargo
Parties
Target
CCCox Communications
- Headquarters
- United States
- Ticker
- —
Acquirer
CCCharter Communications, Inc.
- Headquarters
- United States
- Ticker
- —
Seller
CECox Enterprises, Inc.
- Headquarters
- —
- Ticker
- —