Cebridge closed on its purchase of several Cox systems representing 940K subs. The sale includes systems in W TX, NC and much of Cox’s "Middle America" systems in TX, LA and AR. Final terms weren’t disclosed, but the initial agreement had Cebridge paying $2.55bln ($2713/sub). The deal places Jerry Kent’s Cebridge (soon to be renamed SuddenLink) in the ranks of the 10 largest MSOs. Citigroup, Lehman Bros, Daniels and JP Morgan advised Cox. Goldman Sachs was financial adviser for Cebridge.

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