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Ignition · 06-05-2005, 18:21

Old news, Adelphia have been on the market for an age.

The Huffs are actually the biggest holder of shares in both ntl and Telewest.

Adelphia was sold because other companies wanted it, and were willing to pay a big enough premium to make it worth selling.

Don't be confused, the Huff bros aren't interested in cable per se, beyond their ability to make money from it, that's what hedge funds do.

If an opportunity for them to profitably sell ntl / Telewest comes up they'll tear your arm off taking it. These guys exist to pick up companies as cheaply as possible then sell them for as high a price as possible and nothing else. Any involvement and seats they have on the board of directors are protecting the investment, not an interest in the business beyond its' financial performance.

06-05-2005, 18:21	#3
Ignition Permanently Banned Join Date: Jun 2003 Location: South-East London Age: 47 Services: Depends who's being serviced :p Posts: 2,588	Re: Adeplhia Sale Old news, Adelphia have been on the market for an age. The Huffs are actually the biggest holder of shares in both ntl and Telewest. Adelphia was sold because other companies wanted it, and were willing to pay a big enough premium to make it worth selling. Don't be confused, the Huff bros aren't interested in cable per se, beyond their ability to make money from it, that's what hedge funds do. If an opportunity for them to profitably sell ntl / Telewest comes up they'll tear your arm off taking it. These guys exist to pick up companies as cheaply as possible then sell them for as high a price as possible and nothing else. Any involvement and seats they have on the board of directors are protecting the investment, not an interest in the business beyond its' financial performance.