TITLE

Time Warner to Acquire Insight Communications

AUTHOR(S)
Noto, Anthony
PUB. DATE
August 2011
SOURCE
High Yield Report;8/15/2011, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the confirmation by Time Warner Cable Inc. on its decision to take Insight Communications Co. Inc. from private equity (PE) in the amount of three billion U.S. dollars. Insight is a New York-based company that provides cable and high-speed Internet services to 750,000 customers in Indiana, Kebtucky and Ohio. In April 2010, Insight sold a 42 percent stake in the company to PE firms Crestview Partners and MidOcean Partners.
ACCESSION #
66187580

 

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