Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: BrooklynDave who wrote (2592)	6/30/1999 8:08:00 PM
From: BrooklynDave	Read Replies (1) \| Respond to of 4298

Paul Allen's Charter Communications said after the market closed Wednesday it's agreed to buy cable operator Bresnan Communications for $3.1 billion in cash and equity. The deal will add 690,000 customers in Michigan, Minnesota, Nebraska and Wisconsin to Charter's growing cable empire, giving the company a total of 6.2 million subscribers. Upon closing the transaction, Charter will be the nation's fourth-largest cable company. AT&T (T: news, msgs) is a 50-percent owner of Bresnan. Paul Allen's Charter Communications said after the market closed Wednesday it's agreed to buy cable operator Bresnan Communications for $3.1 billion in cash and equity. The deal will add 690,000 customers in Michigan, Minnesota, Nebraska and Wisconsin to Charter's growing cable empire, giving the company a total of 6.2 million subscribers. Upon closing the transaction, Charter will be the nation's fourth-largest cable company. AT&T (T: news, msgs) is a 50-percent owner of Bresnan.