Liberty Media Corp, which has a large stake in cable operator Charter Communications Inc, has made no secret of its pursuit of No.2 cable provider Time Warner Cable, which is being circled by other suitors such as Comcast Corp and privately held Cox, industry sources have said. Liberty Chairman John Malone argues new managers such as Charter Chief Executive Tom Rutledge could do a better job running the company, which has suffered some of the industry's worst subscriber losses in past years. Malone, whose Liberty Media owns 27 percent of Charter Communications, the country's fourth largest cable operator, is expected to make a bid to buy Time Warner Cable in coming weeks. Comcast, the nation's largest, is mulling a bid as well. If a company comes along with an offer that is better than the value the company can create on its own, "that's something we need to take a hard look at," Minson said on Wednesday. But he added any deal would have a "high bar." (Reporting by Liana Baker; Editing by Sophie Hares)