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Expanding in US, Altice to Buy Cablevision for $17.7 Billion

from The New York Times

Altice, the European telecommunications giant, agreed to buy Cablevision for $17.7 billion, as the company pushes further into the fast-consolidating United States cable market. The deal, which is expected to face stiff regulatory scrutiny, would make Altice’s expanded American operations the fourth-largest cable operator in the United States, behind Comcast, Charter Communications and Cox Communications. more

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