April 2005
Investment Dealers' Digest;4/25/2005, Vol. 71 Issue 16, p60
Trade Publication
The article presents information on investment banking in the field of telecommunication as of April 2005. Time Warner Inc. and Comcast Corp. reached a definitive agreement to buy Adelphia for $17.6 billion in cash and stock, a deal that will create a new number-two pay-television operator in the U.S. Critics of consolidation in the telecom industry warned members of the U.S. Congress that specific remedies would be necessary to ensure that consumers are not harmed by a series of recently proposed mergers. INSET: In The News.


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