Liberty Rejects Telewest Stake Again

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Liberty Media Corp. rejected an offer to buy Microsoft Corp.'s 25 percent
stake in struggling U.K. MSO Telewest Communications plc Monday for a second
time.

Liberty, which holds 20 percent of Telewest, had the first crack at
Microsoft's stake as part of an earlier deal.

Liberty sold 5 percent of its Telewest stake to Bill Bresnan last
month.

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