Skip to main content

Liberty Rejects Telewest Stake Again

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.