Multichannel News, March 30th, 1992
NEW YORK - The buyers want to buy, sellers want to sell and the lenders want to lend. But where's the flood of cable deals that industry executives have been predicting?
That was the big question cable dealmakers tried to resolve at Kagan Seminars Inc.'s semi-annual cable investment seminar here. Since last summer, new equity players have said they are ready to spend at least $3.2 billion acquiring systems, usually linking up with existing MSOs.
The market has been far from dead. In a joint venture, Kohlberg Kravis Roberts & Co. and Cablevision Industries Inc. have agreed to buy one Califo...
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