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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FTC Looks Again at Negative Option Rule

The FTC is taking a new look at its negative option rule, which is designed to prevent unfair, deceptive practices in subscriptions, automatic renewals and free trials. The 2024 amendment to the agency’s

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