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Investors expressing interest in buying Charter

By AP/KWMU

St. Louis, MO. – Outside investors are taking an interest in Charter Communications.

The suburban St. Louis-based cable and telephone service provider says the investors have approached controlling shareholder Paul Allen about a possible deal. Allen is a billionaire and co-founder of Microsoft.

Allen has provided the potential investors with information about Charter, but the company won't say more than that.

Charter also announced that its Chief Financial Officer Jeffrey Fisher is resigning. He will be replaced by Eloise Schmitz who is currently senior vice president for strategic planning.

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