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Charter not interested in Masayoshi Son's Sprint

The proposal called for combining Sprint and Charter

Busted merger deal, hand shake
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Busted merger deals

Alex Sherman | Bloomberg
Charter Communications isn't interested in a merger with Masayoshi Son’s Sprint  following a published report that the Japanese billionaire was seeking such a deal, according to a person familiar with the matter.

Son, who is Sprint’s chairman, proposed a merger of his struggling wireless company with Charter, the Wall Street Journal reported Friday, citing unnamed people familiar with the matter.

The proposal called for the creation of a new publicly traded company that would combine Sprint and Charter and be controlled by Son’s SoftBank. Since the end of May, Charter and Comcast had been