Cox in talks about merger with Charter: Bloomberg
(Reuters) - Cox Communications Inc COXC.UL has held talks about merging with cable provider and rival Charter Communications Inc (CHTR.O), Bloomberg cited two people with knowledge of the matter as saying on Friday.
Cox President Pat Esser has discussed a deal with Liberty Media Corp (LMCA.O), which owns 27 percent of Charter, Bloomberg cited one of the unidentified sources as saying. Neither party has decided on a potential deal structure, it added.
(Reporting by Edwin Chan; Editing by Gerald E. McCormick)
NEW YORK - U.S. stocks were flat on Wednesday as investors found few reasons to extend a rally that has taken indexes to repeated records, even though market valuations were not seen as unduly stretched.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.