Insight Auction Down to Three Bidders

Farrell, Mike
June 2011
Multichannel News;6/27/2011, Vol. 32 Issue 26, p3
The article reports on the developments in the auction for Insight Communications Co. Inc. in 2011, wherein, only three bidders left, such as Mediacom Communications Corp., Cablevision Systems Corp. and WideOpenWest Holdings LLC. It says that several bidders have withdrawn from the auction including Suddenlink Communications, Charter Communications Inc. and other private-equity funds due to high asking price. It mentions that Time Warner Cable was also forced to move out of the auction.


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