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Charter, TWC Shareholders Approve Charter Buying BHN, TWC

Charter Communications and Time Warner Cable shareholders approved Charter's $89.1 billion takeover of TWC and privately held Bright House Networks. Charter and TWC held shareholder votes Monday on the set of deals. Charter said that more than 98 percent of…

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votes cast, excluding votes associated with Charter Class A common stock beneficially owned by Liberty Broadband and its affiliates and associates, were for the two acquisitions. The FCC officially began its review of the transaction earlier this month (see 1509110055) in docket 15-149. TWC said at its special shareholder meeting Monday that voters also approved the deal.