Charter 2012 Annual Report Download - page 120

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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2012, 2011 AND 2010
(dollars in millions, except share or per share data or where indicated)
F- 45
23. Subsequent Events
In February 2013, the Company entered into a definitive agreement under which it will acquire Cablevision Systems Corporation's
former Bresnan cable systems, known as Optimum West, for approximately $1.6 billion in cash. Optimum West manages cable
operating systems in Colorado, Montana, Wyoming and Utah. Charter Operating has obtained a commitment from two financial
institutions to provide a $1.5 billion term loan to fund a portion of the purchase price. The transaction is expected to close in the
third quarter of 2013.