Charter Closes $34.5 Billion Cox Deal in Cable Megamerger, Company to Adopt Cox Communications Name

Charter Communications, already the No. 1 cable operator in the U.S., closed its acquisition of Cox Communications, creating a cable giant with operations in 45 states serving roughly 37 million customers. The closing of the deal, valued at $34.5 billion, comes after the companies received final regulatory approvals Within a year, the merged company will…