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NEXTGEN TV launched in Cincinnati, OH
2021-09-15 09:01:51| Digital TV News
September 14, 2021 Five local TV stations in Cincinnati have begun broadcasting with NEXTGEN TV. The launch includes WCPO-TV, WKRC-TV, WLWT, WXIX-TV and WSTR-TV. BitPath coordinated efforts across the television stations.
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Macquarie acquires Cincinnati Bell for $2.9bn
2021-09-09 02:00:00| Total Telecom industry news
The $2.9 billion transaction will accelerate Cincinnati Bell’s fiber build across its operating footprint, and support strategic investments in the company’s IT Services businesses throughout North America. Leigh Fox, President and Chief Executive Officer of Cincinnati Bell, said the transaction close marks the beginning of an exciting new chapter in the company’s nearly 150-year history. “Our partnership with MIP is tremendous news for Cincinnati Bell’s 4,700 employees, our customers, and the communities we serve,” Fox said. “MIP has deep telecommunications expertise and a strong track record of investing in capital intensive businesses…read more on TotalTele.com »
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Cincinnati Bell to be acquired by Macquarie
2020-03-13 19:30:00| Digital TV News
Cincinnati Bell (NYSE:CBB), together with Macquarie Infrastructure Partners (MIP), has announced an agreement through which a MIP-controlled subsidiary will acquire all outstanding shares of Cincinnati Bell.
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Cincinnati Bell gets new bid, at higher USD 13.50 per share
2020-03-03 10:50:00| Telecompaper Headlines
(Telecompaper) A bidding war is taking place around Cincinnati Bell, which said it has received a fresh unsolicited bid, at USD 13.50 per share in cash. The bid comes from Macquarie Infrastructure and Real Assets (MIRA), which Cincinnati Bell now reveals was the party that offered USD 12 per share for the company in January. Cincinnati Bell had already accepted a bid from Brookfield Infrastructure, at USD 10.50 per share or USD 2.6 billion in total.
Cincinnati Bell gets higher bid from infrastructure fund, at USD 12 per share
2020-01-27 08:57:00| Telecompaper Headlines
(Telecompaper) Cincinnati Bell said it has received a unsolicited bid from an infrastructure fund. The bid, at USD 12 per share, tops the offer Cincinnati Bell earlier accepted a bid from Brookfield Infrastructure, at USD 10.50 per share, or USD 2.6 billion in total. Although the board of Cincinnati Bell supports the transaction with Brookfield, the agreement allows Cincinnati Bell to talk with other companies, and the company confirmed it is doing so with the infrastructure fund.