Time Warner Cable says to put investors first in any deal

BARCELONA Wed Nov 20, 2013 6:10am EST

BARCELONA Nov 20 (Reuters) - Time Warner Cable finance officer Arthur Minson, asked about a possible takeover approach from rival Charter Communications, said it would put the needs of its shareholders above anything else.

Speaking at a Morgan Stanley conference in Barcelona, Minson declined to comment on speculation and rumour but when questioned whether there would be a logic to the deal, he said his main concern would be whether it would add value to his investors.

Reuters reported earlier this month that Charter Communications was weighing a bid for Time Warner Cable before the year-end.