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Players in the Potential Takeover of Time Warner Cable

 (Image source: 4-traders)

According to reports, Comcast Corporation (NASDAQ:CMCSA) is seeking regulatory advice in terms of antitrust issues on a potential bid for Time Warner Cable Inc (NYSE:TWC). In the past, Time Warner Cable has indicated if were ever to sell itself, Comcast would be the most desirable suitors. There is a lot of synergy between the cable providers. However, the Wall Street Journal is also reporting that Charter Communications, Inc. (NASDAQ:CHTR) is close amassing the funds needed to pursue a bid for Time Warner Cable. Things just got pretty interesting! The news reports are sending shares in Time Warner Cable higher.