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Charter Faces Lawsuits Over Acquisition Agreement

Story Highlights
  • Charter Communications is acquiring Cox Communications’ commercial fiber and IT services.
  • Stockholders filed lawsuits against Charter, alleging omissions in transaction disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Charter Faces Lawsuits Over Acquisition Agreement

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An update from Charter Communications ( (CHTR) ) is now available.

On May 16, 2025, Charter Communications entered into a Transaction Agreement with Cox Enterprises to acquire Cox Communications’ commercial fiber and managed IT and cloud services businesses. This move is expected to enhance Charter’s service offerings and market positioning. However, the announcement led to lawsuits from Charter’s stockholders, alleging omissions and negligence in the proxy statement related to the transaction. Charter has denied these allegations and is supplementing its disclosures to avoid delays in the transaction process.

The most recent analyst rating on (CHTR) stock is a Buy with a $386.00 price target. To see the full list of analyst forecasts on Charter Communications stock, see the CHTR Stock Forecast page.

Spark’s Take on CHTR Stock

According to Spark, TipRanks’ AI Analyst, CHTR is a Outperform.

Charter Communications has a strong overall stock score due to its solid financial performance and strategic corporate events. The company’s attractive valuation and positive earnings outlook further support the score, despite some technical analysis concerns and customer base challenges. The merger and acquisition initiatives are particularly significant in enhancing Charter’s market position and future growth potential.

To see Spark’s full report on CHTR stock, click here.

More about Charter Communications

Charter Communications, Inc. is a major player in the telecommunications industry, primarily offering cable television, internet, and phone services. The company is focused on expanding its market presence through strategic acquisitions and partnerships.

Average Trading Volume: 1,327,347

Technical Sentiment Signal: Buy

Current Market Cap: $58.49B

For detailed information about CHTR stock, go to TipRanks’ Stock Analysis page.

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