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TPG to Buy RCN, Grande Communicationsfor About $2.25 Billion

TPG to Buy RCN, Grande Communicationsfor About $2.25 Billion
Private-equity firm TPG has agreed to buy cable-television providers RCN and Grande Communications for about $2.25 billion including debt, according to people familiar with the matter, in a bet that demand for new broadband services will fuel growth in the businesses.
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