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.

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Thursday–March 19

NY Gives Charter-Cox Thumbs Up, CA Still Considering

All eyes continue to be on California, with the New York Public Utilities Commission posting its approval of the $34.5 billion Charter-Cox deal Thursday.

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