By Jon Bernstein, 18 February 2002 07:44
NEWS A week after it was revealed that US media magnate John Malone was courting NTL's Barclay Knapp, AOL Time Warner is also understood to be eyeing up a takeover of the troubled cable company. According to reports over the weekend AOL's CEO-elect, Richard Parsons, has already held extensive talks with Knapp. Parsons takes over from current AOL chief, Gerald Levin, in May. Malone, whose Liberty Media owns a 25 per cent in Telewest, has been in talks with NTL since January. An NTL-Telewest merger - long forecast - could be the result of Malone winning a head-to-head battle with AOL. For more on NTL,
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