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Canadian cable firm Cogeco's top investor rejects $8 billion bid from Altice USA

Canadian cable firm Cogeco's top investor rejects $8 billion bid from Altice USA

5 years ago
Anonymous $UzyKJJH9oy

https://www.reuters.com/article/us-cogeco-m-a-altice-usa/canadian-cable-firm-cogecos-top-investor-rejects-8-billion-bid-from-altice-usa-idUSKBN25T24A

Altice USA Inc's C$10.3 billion ($7.9 billion) offer on Wednesday to snap up the U.S. assets of Cogeco Inc and sell the rest to Rogers Communications Inc has been rejected by the Canadian cable company's top investor.