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Charter Says No to Sprint - 5 Things You Must Know Before the Market Opens

2. -- Charter Communications Inc. ( CHTR) said it isn't interested in buying Sprint Corp. ( S) , the company said in a statement to the Wall Street Journal on Sunday.

The statement from Charter, the cable giant, follows a report by the Journal last week that Sprint Chairman Masatoshi Son had been in talks with both Charter and Comcast Corp. about possible business combinations but was pushing for an outright merger with Charter. Bloomberg also reported Friday that Charter was cool on the proposal but that talks were continuing.

The complex proposal called for the creation of...