Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Hours after Comcast walked away, Time Warner Cable may already have a new bidder

Jonathan MarinoApr 24, 2015, 23:50 IST

Charter Communications may want to buy Time Warner Cable.

A Bloomberg report said that, less than 24 hours after Comcast walked away from a $45 billion deal, Charter Communications advisors are readying a potential bid for the cable company.

Time Warner Cable shares jumped more than 5% in late-afternoon trading on the report.

We'll have more on this breaking news as the story develops, readers can tip us at jmarino@businessinsider.com.

NOW WATCH: Here's what it takes to be President Obama's right-hand man

Please enable Javascript to watch this video