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In deal news, Cablevision Systems said it would shell out just under $1.4 billion to acquire Bresnan Communications from its private equity owners, Providence Equity Partners.
The private equity owners declined to comment.
The private equity owners dispute this view.
Under its private equity owners, TIM Hellas took on debt immediately.
Its three private equity owners each hold about 28 percent of the company.
Mr. Ackman, like Burger King's private equity owners, is focused on a turnaround.
Then there are the bonds issued to pay dividends to a company's private equity owners.
It is a significant exit for the private equity owners, which purchased Ahlsell in 2006.
Similar(3)
With money from new private-equity owners, the Reporter went on a hiring spree and started to break news again.
The Philadelphia Inquirer'snew private-equity owners found themselves facing a possible strike after they tried to lay off workers.
It emerged in August with new private-equity owners and a plan to close 103 of its 276 stores.
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