Charter $34.5B Cox Acquisition Push

Regulatory progress: CPUC judge recommends approval but consumer advocacy group (Center for Accessible Technology) pushes for denial or joint settlement terms. Charter CEO confirms deal closing mid-to-late August, with Spectrum pricing rollout immediately after. Charter announced $20B debt restructuring to manage debt. Analysts slash forecasts after Q2 results; RBC cuts target to $150. Stock popped 5% on bargain hunting. California remains last regulatory hurdle. DOJ under Trump takes hands-off approach. Cox service issues reported across multiple states. Charter Q2 2026 results show broadband losses accelerating to 172K, mobile adds 406K, EPS beat but revenue miss. Stock at decade low. Deal closing mid-late August with $800M+ synergies. SWOT analysis shows strong profitability but weak financial strength. Sei Investments upped stake 79% in Q2; Maverick Capital cut 87.8% in Q2.