Insight Communications to go Private

It seems a few stock holders of my cable company Insight Communications. Want to buy out the publicly held shares and take the company private. There have been rumors for several years that Comcast would be the suitor. As recently as this week there was at thread in regards to that. It would seem it's not going to be Comcast but co-founders Sidney R. Knafel and Michael S. Willner and The Carlyle Group that will be doing the deed.  

broadband » News » Insight Communications to go Private

Insight Communications Controlling Shareholders and the Carlyle Group Propose to Acquire Company's Outstanding Public Shares

Insight Co-Founders Sid Knafel and Michael Willner Join with the Carlyle Group to Make $10.70 Cash Per Share Offer for Insight's Public Shares

Excite Money & Investing

Those links all contain basically the same content. The press release that details the proposed buyout.

Inside Insight » Insight Buyout Offer Is Expected Today 3/7/05

Inside Insight » Insight in Louisville Changing to Comcast

Insight Communications Agrees to be Taken Private – Mar. 7, 2005

Carlyle, founders make Insight proposal




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