Charter-Time Warner Cable’s CEOs Talk Consolidation

As investors watch Charter Communications for any signs that a deal for cable operator Time Warner Cable could be imminent, chief executives of both companies spoke at any industry conference on May 13. Time Warner CEO Rob Marcus told the audience that he "feels very good about the position Time Warner Cable is in", and that he doesn't know whether cable consolidation is inevitable. Charter CEO Thomas Rutledge said he would be worried about any deal that would put Charter's leverage or the debt on the company at more than five times its earnings.