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Time Warner Cable Inc Bids For Cablevision Systems Corp's Optimum West-Reuters


Friday, 21 Dec 2012 08:11pm EST 

Reuters reported that Time Warner Cable Inc has made a bid to buy Cablevision Systems Corp's Optimum West business, Bloomberg reported. Cablevision said in November it was looking to sell its cable assets in four western U.S. states that it bought for $1.4 billion in 2010, after it received inquiries about the business. Charter Communications and Suddenlink Communications have also made offers. According to a source, a deal is not likely to be announced until January or February.