July 29, 1998 6:25 PM PDT

Short take: Paul Allen negotiating to buy Charter Communications

Technology investor Paul Allen is negotiating to buy cable operator Charter Communications, according to Broadcasting & Cable magazine. The deal would value Charter at about $3.2 billion, the publication said. Allen previously bought Marcus Cable. The Los Angeles Times is also reporting the transaction. A spokeswoman for Allen's company declined comment. (Allen is an investor in CNET: The Computer Network, publisher of News.com).

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

Inside CNET News

1-2 of 12

Scroll Left Scroll Right

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

Markets

Market news, charts, SEC filings, and more

Related quotes

Dow Jones Industrials (-0.69%) -89.23 12,801.23
S&P 500 (-0.69%) -9.31 1,342.64
NASDAQ (-0.80%) -23.35 2,903.88
CNET TECH (-0.58%) -11.91 2,032.01
  Symbol Lookup