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The business expansion plans of Hathway has blown a gush of oxygen in the companyâs share price. The market experts expect the share to see higher levels in the near future. Stock View: Hathway Cable & Datacom Ltd is currently trading at Rs 47, up by Rs 2.95 or 6.7% from its previous closing of Rs 44.05 on the BSE. The scrip opened at Rs 44.5 and has touched a high and low of Rs 49.45 and Rs 42.4 respectively.
Charter also sought to buy Time Warner Cable at a lower price last year, only to be outbid by Comcast. Charter will pay $195.71 per share in the cash-and-stock deal â $100 of it in cash with the rest in Charter shares. The offer is based on Charter's 60-trading day volume weighted average price. Charter also will provide Time Warner Cable shareholders an option to receive $115 in cash and shares of the new company. GOOD DEAL: Time Warner Cable fetches 22.3% more in 'new' cable merger. Charter's pre-market shares advanced about 4%. Time Warner Cable's rose 8%. Charter, which is based in Stamford, Conn., also confirmed it's proceeding with an earlier proposal to buy Bright House Networks, a smaller cable company, for $10.4 billion.