Cable veteran Bill Bresnan is back, finally cutting a deal Friday to buy
several AT&T Broadband cable systems in Western states.
Bresnan is paying $735 million for the systems -- concentrated in
Montana, Wyoming, Colorado and Utah -- serving 320,000 subscribers.
The deal is expected to close in the third quarter.
Bresnan plans to inject $300 million in capital expenditures over the next
three years to upgrade the systems.