Charter continuing merger talks with Bright House

Charter Communications Inc. continues to pursue an acquisition of Bright House Networks LLC, which it views as a precursor to a deal with Time Warner Cable Inc.

Charter and Bright House agreed to a $10.4 billion merger in March that was contingent on Comcast Corp.’s purchase of Time Warner. That came after Comcast trumped Charter last year in a bidding war to merge with Time Warner.

However, the Comcast-Time Warner deal fell through last month after regulators suggested that they would block it.

Now Charter, which is based in Stamford, Conn., but formerly made its headquarters in St. Louis and still employs about 3,000 people there, is preparing to use a merger with Bright House Networks to make a second run at a merger with Time Warner.

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