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Liberty confirms Charter investment

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Continuing Liberty Media Chairman John Malone’s recent spree of broadband cable investment, Charter Communications, the fourth-largest US cable MSO, and Liberty Media Corporation have confirmed that Liberty Media has entered into a definitive agreement with investment funds managed by, or affiliated with, Apollo Management, Oaktree Capital Management and Crestview Partners to acquire approximately 26.9 million shares and approximately 1.1 million [...]

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