AT&T Stays Busy, Seeking Bids.(Brief Article)
Multichannel News, July, 2001 by FARRELL, MIKE
AT&T Corp. has kept busy seeking alternatives to Comcast Corp.'s rejected $52-billion bid for AT&T Broadband. The telco's talks with potential bidders for the cable unit include discussions with media giants AOL Time Warner Inc. and The Walt Disney Co. Sources confirmed a report in The Wall Street Journal last week that said AOL was in preliminary talks with AT&T Broadband, adding that no official offer is on the table.
Also last week, Disney president Robert Iger told CNBC that an AT&T Broadband bid was "not out of the realm of possibility." Reports have said Disney is considering joining a bidding consortium that includes Cox Communications Inc. and Charter Communications Inc. AOL declined to comment, citing company policy not to comment...
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