CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES UNAUDITED PRO FORMA FINANCIAL STATEMENTSCharter Communications, Inc. /Mo/ • October 29th, 2014 • Cable & other pay television services
On April 25, 2014, Charter Communications, Inc. (“Charter”) entered into a binding definitive agreement (the “Agreement”) with Comcast Corporation (“Comcast”), which contemplates the following transactions: (1) an asset purchase, (2) an asset exchange and (3) a contribution and spin-off transaction (collectively, the “Transactions”) as described in more detail below. The Transactions are expected to be consummated substantially contemporaneously with each other and will be consummated as promptly as practicable following the merger of a subsidiary of Comcast with Time Warner Cable Inc. (“TWC”) as previously announced by Comcast and TWC (the “TWC Merger”). The completion of the Transactions will result in Charter acquiring approximately a net 1.4 million1 existing TWC residential and commercial video customers.
