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Time Warner Cable says to put investors first in any deal

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(Globalpost/GlobalPost)

BARCELONA (Reuters) - Time Warner Cable finance officer Arthur Minson, asked about a possible takeover approach from rival Charter Communications, said it would put the needs of its shareholders above anything else.

Speaking at a Morgan Stanley conference in Barcelona, Minson declined to comment on speculation and rumor but when questioned whether there would be a logic to the deal, he said his main concern would be whether it would add value to his investors.

Reuters reported earlier this month that Charter Communications was weighing a bid for Time Warner Cable before the year-end.

(Reporting by Kate Holton; editing by James Davey)

http://www.globalpost.com/dispatch/news/thomson-reuters/131120/time-warner-cable-says-put-investors-first-any-deal