Hedge Funds Cheer as Charter Stock Pops
TCI’s Hohn looks prescient after reports of the company’s possible merger with Verizon.
At the Sohn London Investment Conference in December, Christopher Hohn, who heads TCI Fund Management, told the audience, “We think Verizon over time will buy Charter.”
Nice call . . . maybe.
Shares of Internet, cable, and broadband provider Charter Communications closed up 7.4