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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Thursday–April 25

Title II Returns: Same Show, Different Cast

The slow march to the FCC’s Title II vote came to an end Thursday as commissioners voted 3-2 to reclassify broadband as a common carrier service with no real surprises along the way.

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