Charter Communications Exploring Takeover of Altice USA, Bloomberg Reports
Provided by
Dow Jones
By Denny Jacob
--Charter Communications is exploring a takeover of smaller rival Altice USA, reports Bloomberg, citing people familiar with the matter.
--Charter is working with financial advisers as it studies the merits of a potential deal for the U.S. broadband and video services provider, according to the report.
--It is unclear whether a formal approach has been made and Charter could decide not to pursue a deal, Bloomberg reports.
Full story at https://www.bloomberg.com/news/articles/2024-02-26/charter-communications-weighs-takeover-of-altice-usa?srnd=undefined
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
February 26, 2024 14:57 ET (19:57 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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