Breaking News: TWC’s Marcus Stands Firm Amid Bids, Jabs
January 20, 2013
TWC's Marcus Stands Firm Amid Bids, Jabs
NEW YORK — Time Warner Cable chairman and CEO Rob Marcus has drawn a line in the sand. As the rhetoric surrounding Charter Communications' $132.50-per-share bid for Time Warner Cable heated up late last week — Comcast was approached by Charter to join in the bid — the new CEO at the No. 2 U.S. cable operator is standing firm. "We were very explicit: We're not negotiating," Marcus said in an interview.