Search for buyer for Insight Communications comes up short

08/8/2011 | Multichannel News

The private-equity firm owners of Insight Communications have had trouble finding a buyer for the MSO and may decide to lower the price or not to sell it, sources say. The Carlyle Group, MidOcean Partners and Crestview Partners were said to be seeking at least $3.5 billion for the MSO, which has 693,000 subscribers in Illinois, Indiana, Ohio and Kentucky, but sources say any deal for the company is likely to have a lower price tag.

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