George Szalai

Tom Rutledge, president and chief executive officer of Charter Communications, speaks at INTX: The Internet & Television Expo in Chicago, Illinois, U.S., on Wednesday, May 6, 2015.

Charter Reaches Deal to Acquire Time Warner Cable

Charter Communications, in which John Malone's Liberty Broadband owns a big stake, made it official on Tuesday, unveiling that it has agreed to acquire Time Warner Cable in a deal valued at $78.7 billion.