Question

Charter Communications is seeking to purchase and bring together Time Warner Cable and Bright House Networks, creating a company that will serve a collective 18.8 million Internet broadband subscribers and 17 million TV subscribers. Charter has cited a desire to have greater bargaining power in negotiating with channel owners like Disney. This is an example of a _____.

Answer 1

Answer:This is an example of an acquisition.

Step-by-step explanation:

An acquisition occurs when a company buys major shares from another company so that they can have major power over that company from which they bought shares , they will buy more than half to have this power. This means that they will now be primary decision makers in that company as an acquirer of the companies' major shares and even if the shareholder in that company doesn't approve

They will make these decision over these new asset that they have acquired.