Bloomberg: Charter Communications, the U.S. cable company that was outbid in an effort to buy Time Warner Cable last year, is said to be in talks to acquire billionaire Si Newhouse Jr.’s Bright House Networks. The discussions reportedly have been ongoing for months and both sides have agreed on the outline of a potential all-stock deal. Bright House, with about 2.5 million cable subscribers in states including Florida, California and Michigan, could be valued at about $12 billion if it fetches the same per-subscriber value that Charter last year agreed to pay in a deal with Comcast.