TITLE

Debt-Light, RCN Explores Sellout Options

AUTHOR(S)
Farrell, Mike
PUB. DATE
September 2006
SOURCE
Multichannel News;9/18/2006, Vol. 27 Issue 37, p34
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the move of cable overbuilder RCN Corp. to hire investment bankers Waller Capital Corp. and The Blackstone Group to advise it on strategic alternatives including possible sale. RCN is also considering to buy other small telephone companies. The biggest markets of RCN are in Eastern Pennsylvania, New York City, Washington D.C. and Boston in Massachusetts. It provides a background on RCN.
ACCESSION #
22413648

 

Related Articles

  • Blackstone Offers $26 Billion for Hilton (the Hotels, not Paris).  // Investment Dealers' Digest;7/9/2007, Vol. 73 Issue 27, p9 

    The article reports that Blackstone Group inc. has offered to buy Hilton Hotels Inc. for $26 billion in the U.S. Hilton said that its board has already approved the deal, which is expected to close in the fourth quarter of 2007. The deal has Blackstone paying $47.50 a share, a 40 percent premium...

  • Blackstone Makes Best of Turmoil.  // Investment Dealers' Digest;1/14/2008, Vol. 74 Issue 2, p15 

    The article reports on the move of private equity firm Blackstone Group LP to acquire GSO Capital Partners in the U.S. The former will pay $620 million in cash and stock for the latter. According to the former, the move will complement its own global alternative investment businesses. According...

  • MCN Online POLL RESULTS.  // Multichannel News;9/25/2006, Vol. 27 Issue 38, p30 

    The article presents the online poll results conducted by the journal regarding the likely bidder for RCN Corp. in the U.S. Results show that 14 percent believes that the bidder could be an incumbent cable company, 64 percent believes that it could be a private-equity player, and 22 percent...

  • Blackstone: Been there, done that. Sherefkin, Robert // Automotive News;4/2/2007, Vol. 81 Issue 6249, p1 

    The article focuses on the professional achievements of dealmaker Neil Simpkins of private equity fund Blackstone Group Inc. He played a vital role for his company in negotiating the purchase of American Axle & Manufacturing Holdings Inc. Later he helped in managing the acquisition of airbag...

  • Blackstone deal keeps spotlight on industry. Merkel, James // Hotel & Motel Management;9/18/2007, Vol. 222 Issue 16, p14 

    The article discusses the plan of Blackstone Group Inc. to acquire Hilton Hotels Corp. The mega private equity deals of Blackstone in the hospitality industry is anticipated to result in a strong vote of confidence in the industry fundamentals. It will also indicate an opportunity for an...

  • Satellite M&A Deal's To Flood The Market. McDermott, Judy // High Yield Report;6/14/2004, Vol. 15 Issue 24, p2 

    Reports on Blackstone Group's acquisition of Netherlands-based New Skies Satellites.

  • Blackstone to Buy MeriStar Hospitality.  // National Mortgage News;2/27/2006, Vol. 30 Issue 21, p11 

    The article reports that Bethesda, Maryland-based MeriStar Hospitality Corp. is being acquired by an affiliate of The Blackstone Group in an approximately 2.6 billion dollars transaction. The merger consideration includes 10.45 dollars per common share of the hotel real estate investment trust...

  • BLACKSTONE IN TALKS OVER MILLER STAKE.  // Estates Gazette;7/16/2011, Issue 1128, p30 

    The article reports on the negotiations of Blackstone to acquire a stake in Miller Group, a housebuilder and developer based in Edinburgh, Scotland.

  • TRUMP PARC STRUGGLES, WHILE LUXURY HOME SALES SOARS. GALLAGHER, PATRICK // Fairfield County Business Journal;1/7/2013, Vol. 49 Issue 1, p10 

    The article reports that Trump Parc Stamford has been acquired by Blackstone Group LP in an auction from Lloyds Banking Group PLC in December 2012.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics