AOL Time Warner said to be pursuing AT&T's cable unit

Article Abstract:

The landscape is changing for media conglomerates with the Bush administration in office. One result is that Microsoft will not be forced to break up. Another result is that AOL Time Warner has a good chance of getting approval to merge with AT&T Broadband, and has made the first overtures. If this deal were to proceed, AT&T shareholders would own about 60% of the new company. AT&T has been considering spinning off the cable unit as another option.

Diversified Companies, Internet services, AOL Time Warner Inc., Cable television, Cable television/data services, Comcast Cable Holdings L.L.C.

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Viacom Close To Deciding To Spin Off Blockbuster

Article Abstract:

Viacom is considering a spinoff of its Blockbuster video-rental business because it has not yet found a buyer for the company. Various equity companies, such as Blackstone Group and Providence Equity Capital, had shown interest in an acquisition but found Viacom's price to be too high. The current value of Blockbuster stock could bring in $2.8 billion.

Prerecorded Tape, Compact Disc, and Record Stores, Record & prerecorded tape stores, Videotape Sales & Rental Stores, Viacom Inc., Video stores, Blockbuster Inc., BBI, Spinoff company, Spinoffs (Corporate)

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Cablevision Makes an Offer For Adelphia

Article Abstract:

Cablevision has abandoned the two private equity firms with which it had previously been in discussions, and submitted a solo cash bid for Adelphia Communications.

Joint ventures, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, AMUSEMENT & RECREATION SERVICES, Time Warner Inc., Adelphia Communications Corp., Cablevision Systems Corp., Comcast Corp., CVC, CMCSA, Entertainment industry, Company joint venture, Kohlberg Kravis Roberts & Co., ADELQ, Providence Equity Partners Inc.

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