White Plains, N.Y. - Bill Bresnan has officially returned to the cable
industry, with his purchase of 340,000 subscribers in Montana, Wyoming and parts
of Colorado from AT&T Broadband for $735 million in cash.
Daniels & Associates advised AT&T in the deal,
which should close by the third quarter of this year.
Bresnan sold Bresnan Communications Co. - which had about 690,000 subscribers
- to Charter Communications Inc. in 2000.