TPG Capital acquires US cable operators in US$2.25bn deal
Moves to consolidate the US cable industry have taken another step forward with the acquisition of regional players RCN Telecommunications and Grande Communications by private equity outfit TPG Capital for US$2.25 billion (€2 billion). TPG Capital acquired the operators in separate transactions from Abry Partners for US$1.6 billion and US$650 million respectively. The company said […]
