Bell Atlantic and TCI Announce Merger Plans
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Economics
- Subcategories: Business, Communications
- Curriculum: American History 1951-present
- Geographical Location: New York City
- Date: October 13, 1993
Article abstract: The proposed merger of a leading cable operation and a telephone company opened a new era in the American communications industry.
Summary of Event
The proposed merger of Bell Atlantic and Tele-Communications Inc. (TCI) was one of the largest and most complicated in the history of American business. The deal, announced by James G. Cullen, president of Bell Atlantic, was valued at $26 billion, second only to the buyout of RJR Nabisco by Kohlberg Kravis Roberts in 1989. The merger would have two large commercial operations in different...
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