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On Thu, 27 Oct 1994, Steve Yelvington wrote:

> Reuter is reporting that Forstmann Little & Co. is buying most of the
> assets of Ziff-Davis Publishing Co. for $1.4 billion in cash.

This is rather interesting.  Forstmann owns General Instrument of San 
Diego, one of the leading suppliers of Cable TV set top boxes and 
satellite encryption systems.  They also are deep into the design of 
digital video for broadband networks using cable and satellite links.  
They have been allied with Cable Labs, TCI, and AT&T in the recent past.  
One of their first digital TV customers was PBS.  They say they are 
supporting the MPEG 2 standard, but it may be a proprietary implemention
of the that standard (yes the symantics get real stickly here).  
Forstmann is very shrewd.  

From jvncnet!netcom.com!PVdg Mon Nov  7 10:30:30 1994
To: dowjone!rexb (Rex Ballard)