secwatch.observer — SEC 8-K summary
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Issuer:     CHARTER COMMUNICATIONS, INC. /MO/ (CHTR)
CIK:        0001091667
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001140361-25-019688
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charter to acquire Cox's fiber ($3.5B cash) and cable ops; issues $6B convertible pref; Cox gets 23% stake
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- Charter pays $3.5B cash for Cox's commercial fiber and managed IT/cloud businesses.
- For Cox's residential cable unit, Charter pays $500M cash + issues $6B 6.875% convertible preferred units + ~33.6M common units at $353.64.
- Cox Parent will own ~23% of combined company on as-exchanged basis; combined entity assumes ~$12B Cox debt.
- Cox Parent gets 3 board seats; Cox CEO Alexander Taylor to be Charter Chairman for 3 years; company to rename 'Cox Communications'.
- Closing requires stockholder and regulatory approvals; Liberty and A/N committed votes; deal must close by May 16, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1091667/000114036125019688/0001140361-25-019688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1091667/000114036125019688/ef20049261_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-019688

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer