Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom nabbed work on both Charter Communications Inc.’s proposed $55 billion merger with Time Warner Cable (TWC) and Avago Technologies’ $37 billion acquisition of Broadcom Corp.
It seems that TWC has staked a claim for the title of most popular target in town—after being stood up by would-be acquirer Comcast in a $45 billion deal scuttled last month because of regulatory pressure. But Charter came calling yet again with a bevy of other cable providers in tow. Over the last two years, Charter has faithfully pursued Time Warner with other offers and, more recently, a hostile bid that lost out to Comcast’s now-defunct deal.
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