Charter discloses Cox results and $14.3 billion preliminary deal terms
Filed with the SEC on · Summarized by InvestorsBot
Charter reported that Cox Communications generated $6.067 billion in revenue and $874 million in net income for the six months ended June 30, 2026, compared with $6.323 billion and $876 million, respectively, a year earlier. The proposed transaction with Cox Enterprises includes $4.15 billion in cash, $6.0 billion of convertible preferred units, approximately 33.6 million common units and the assumption of about $12.4 billion in net debt and finance leases; preliminary pro forma results show combined six-month revenue of $33.215 billion and diluted EPS of $17.59, but the deal’s final purchase price and accounting remain subject to revision.