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Article: Liberty doesn't make DT's short list. (Finance).(Deutsche Telekom AG)
- Article from:
- Multichannel News
- Article date:
- October 14, 2002
- Author:
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Liberty Media Corp.'s offer for Deutsche Telekom AG's cable properties missed the cut last week, as the German telephone giant announced it has selected three other bidders.
Although DT did not identify the three bidders it has selected for final negotiations for the cable properties, several German wire services, quoting sources close to the deal, said the Liberty bid offer did not pass muster.
According to those wire services, bids led by U.S. investment firm Hicks, Muse, Tate & Furst, Goldman Sachs Capital Partners and Warburg Pincus are still in the running.
Goldman was said to be bidding along with U.S. private-equity firms Providence ...