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Preliminary offers have been made to some of the almost two dozen homeowners and small businesses whose properties must be bought or taken by eminent domain, though no such acquisitions will actually be made until all approvals are in place.
Yesterday bidders were submitting preliminary offers for the unit.
They have until mid-April to submit preliminary offers.
Oct. 23: Both Silver Lake and K.K.R. submitted preliminary offers for the computer company.
The short list of prospective buyers has been winnowed to 6 from 24 who made preliminary offers.
NBC, which is already making preliminary offers, will enter an exclusive negotiating period with Paramount that begins Feb. 1 and runs for 30 days.
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"I think it might be just a preliminary offer," he said.
Hutchison Whampoa of Hong Kong and Singapore Technologies Telemedia had made a preliminary offer to buy Global Crossing for $750 million.
Any preliminary offer is nonbinding and is part of a only first round of bids.
That backs up a preliminary offer that KSL, a private equity firm, made last week.
Under a preliminary offer, RP Management, or Royalty Pharma, disclosed an $11-a-share 11-a-share 11-a-share
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