The FCC OK'd the purchase of Astound Broadband. Now that the...
The FCC OK'd the purchase of Astound Broadband. Now that the Homeland Security and Justice departments and FBI withdrew their request Tuesday (http://xrl.us/bnzogt) for the commission to defer action on the deal, and because the transaction is in the public…
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interest, the cable operator can be purchased by Oak Hill Holdco. The acquirer is majority-owned by private equity firm Oak Hill Capital Partners, the companies have said (http://xrl.us/bnpsds), and they had said the deal was completed Oct. 12 (http://xrl.us/bnzohh), under a waiver from the International, Media, Wireline and Wireless bureaus. The applicants aren’t considered “dominant” in any U.S. service they sell, said an FCC public notice Wednesday (http://xrl.us/bnzoia).