Despite what appears to be a distinct lack of interest from management in pursuing a deal, continues to make efforts to acquire the giant cable company, according to people familiar with the situation.
Reports of SoftBank's interest in combining , which it controls, with Charter first surfaced late Friday, and Sunday night Charter released a statement that was intended to make it clear it has no interest in seeking a union.
That has not stopped SoftBank and its hard-charging founder Masayoshi Son from a quixotic attempt at cobbling together a buyout offer that has been described by those familiar with it as follows: SoftBank would contribute a sizable amount of equity to a new company, which would use that money and new debt financing to offer both Charter and Sprint shareholders a premium for their shares.
The offer would be at least 50 percent cash, with the remainder in shares...
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