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A letter of intent is an important step in negotiating a corporate relocation or expansion.

Charter Prepares Offer Letter for Time Warner Cable

Charter Communications Inc. is preparing an offer letter to acquire Time Warner Cable Inc. for less than $140 a share, Bloomberg News reports.

UPDATE: USC Board Flap: Roski Chastised Caruso Over Meeting Conduct

USC board member and industrial development tycoon Edward Roski Jr. chastised fellow developer magnate and USC Board of Trustees Chair Rick Caruso for his conduct in running the board meeting in early December at which the board upheld the decision to cut short the contract of Marshall School Dean James Ellis, according to a letter obtained by the Business Journal.

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