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Watchdog spurs KDG to drop cabler bid


Sep 22, 2004 12:00 a.m. - Variety.com

Business News: Acquisition would have given co. 17 million customers -- It happened to John Malone two years ago and now it’s happened to Germany’s biggest cabler: Kabel Deutschland (KDG) on Wednesday withdrew its $3.3 billion bid to take over three regional cablers, citing opposition to the deal by Germany’s cartel authority.

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