[devilincarnate]

Looks like a spending spree?

RTTNews.com) - Billionaire John Malone'sLiberty Media Corp. (LMCA, LMCB) is close to a deal to buy a 25 percent stake in cable operator Charter Communications Inc. ( CHTR ) for about $2.5 billion, the Wall Street Journal reported Monday, citing people familiar with the situation.
Shares of Charter gained more than 8 percent in the regular trading session on Monday following the WSJ report, giving the Stamford, Connecticut-based company a market capitalization of $9.92 billion. The company provides advanced video, high-speed Internet, and telephone services to about 5.2 million residential and business customers in 25 states.

http://www.nasdaq.com/article/wsj-li...4#.UUnWOxfK6ro