Intl
By
| October 10, 2005
As soon as NTL agreed to shell out $6bln for Telewest, making the UK cable industry a 1 MSO business, a new bidder arrived. A group of private-equity firms sent NTL top shareholder William Huff an $11bln offer. Huff tells the WSJ he’s not interested. The firms: Blackstone Group, Cinven Gr, BC Partners and Permira Advisors.