AT&T contest enters endgame.(three companies bid to buy AT and T Broadband and Internet Services(AT and T))(Brief Article)
Multichannel News, December, 2001 by Farrell, Mike
The bids are apparently in, so the chess match over AT&T Broadband could be ending soon. According to sources familiar with the situation and published reports, AT&T Broadband received bids from three different suitors: Comcast Corp., AOL Time Warner Inc. and Cox Communications Inc. Microsoft Corp.
has also been named as willing to back Comcast and Cox in their bids for the Broadband unit, or to invest between $3 billion and $5 billion in the cable operation if AT&T decides to move ahead with its initial plans to spin the MSO off into an independent entity. Microsoft's prime motivation appears to be keeping AOL from increasing its dominance in the cable industry. An AT&T Broadband-AOL Time Warner merger would create a cable giant with 27...
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