What might Jerry Kent buy?(Former Charter Communications Inc. chairman Jerry Kent forms new investment fund)(Brief Article)
Multichannel News, January, 2002 by Farrell, Mike
Now that former Charter Communications Inc. chairman Jerry Kent has pulled the cover off his new cable and telecom investment vehicle, the question on many minds is: What will he buy? Kent, who resigned from Charter four months ago, last week announced the formation of CEQUEL III, his new investment fund.
Joining Kent at CEQUEL are Charter co-founder Howard Wood and Daniel Bergstein, a partner in the New York law firm of Paul, Hastings, Janofsky & Walker. With access to about $6 billion in funding -- enough to buy 1.3 million to 1.7 million subscribers at current prices - CEQUEL could become a major industry player in a relatively short period of time. But ever Kent concedes that it's unlikely to make a big impact right off the bat. CEQUEL...
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