TITLE

LET'S MAKE A DEAL

AUTHOR(S)
Farrell, Mike
PUB. DATE
June 2010
SOURCE
Multichannel News;6/21/2010, Vol. 31 Issue 25, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the mergers and acquisition trend within the cable systems industry which is driven by the industry's low value in the market. It notes that the acquisition of Bresnan Communications Inc. by Cablevision Systems Corp., which costs 1.4 billion dollars, in June 2010 would continue the trend of systems deals. Analyst David Joyce asserts that investors prefer how Cablevision has organized its deal with Bresnan, wherein it ensures to separate the debt from the parent entity.
ACCESSION #
57198290

 

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