Slate Path Capital: Returns, Ethan Binder, Stephen Cook, Jamie McNab

3. Charter Communications, Inc. (NASDAQ:CHTR)

On the other hand, Slate Path Capital cut its stake in Charter Communications, Inc. (NASDAQ:CHTR) by 19% to 605,000 shares worth $203.79 million during the second quarter. Including Slate Path, there were 100 investors in our database long Charter Communications, Inc. (NASDAQ:CHTR) at the end of June, down from 114 funds a quarter earlier. The stock of the $95 billion telecom company has rallied by 28% since the beginning of the year. Charter Communications, Inc. (NASDAQ:CHTR), which last year completed the acquisition of Time Warner Cable, might itself be the target of an acquisition, as the European telecom Altice was exploring a bid for Charter last month, according to reports. Previously, Japan’s SoftBank considered making an offer. Charter Communications, Inc. (NASDAQ:CHTR) itself is also exploring potential acquisitions, including the Atlanta-based Cox Communications.

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