Time Warner Cable stockholders approve merger with Charter Communications

09/21/2015 05:44 PM

Monday Time Warner Cable announced its stockholders have approved its merger with Charter Communications.

In a press release the cable company, which is also cn|2’s parent company, said more than 99 percent of votes cast were in favor of the deal.

“Today’s approval is an important milestone in our merger with Charter,” said Rob Marcus, TWC Chairman and CEO. “The merger will maximize value for our stockholders while creating a company dedicated to delivering great customer experiences.”

The closing of the transaction is subject to regulatory review and other customary conditions.

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