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Consolidation talk has percolated throughout the cable TV world ever since billionaire John Malone’s Liberty Media Corp. took a 27 percent stake in Charter for $2.6 billion in May. TV distributors are seen banding together to gain more leverage at the bargaining table against media companies that are driving up fees for their TV networks.

Charter’s shares added 1.3 percent to $136 in extended trading. They have gained 71 percent over the past year and closed at $134.22 Monday.