NEW ORLEANS, May 26, 2015 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Time Warner Cable Inc. ("Time Warner Cable" or the "Company") (NYSE: TWC) to Charter Communications, Inc. (NASDAQ: CHTR). Under the terms of the proposed transaction, shareholders of Time Warner Cable will receive only $100.00 in cash and shares of a new public parent company equivalent to 0.5409 shares of Charter for each share of Time Warner Cable that they own, representing an implied price per Time Warner Cable share of approximately $195.71 based on Charter's market closing price on May 20, 2015. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) or partner Michael J. Palestina ([email protected]) toll free at any time at 855-768-1857.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
SOURCE Kahn Swick & Foti, LLC