charter has agreed to buy time westerner for over $55 billion. it's a cash and stock deal. it values each time they share at $195.71 per share. so why is this going ahead? well, it does allow them to better compete with the likes of number one u.s. cable services provider comcast, also our parent accompany by gaining a lot more customers. the interesting thing is this is a very bold move by charter. it's a accompany much bigger in revenue and market share. you might remember charter wanted to buy time westerner at a lower price last year but it was out big by comcast. of course that deal fail recently. here we are today. it's been a dance we've come back to. >> great seeing you, thank you. we continue to follow the breaking news out of houston, texas this morning.