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Charter Communications Up on M&A Extension, Verizon Falls on Lawsuit -- Telecom Winners & Losers

2015-05-21 02:18:48| Telecom - Topix.net

Charter Communications rose 0.33% to close at $181.64, on a day when the Nasdaq Telecom Index fell 0.37% to end at 283.38. The cable and television company rose after the companies on Monday said they plan to extend their negotiating period by 30 days and expect to strike an agreement under the terms of its previously announced $10.4 billion deal, according to an Associated Press report .

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