Merger Mania: Has Altice USA Triggered the Next Phase of Cable Consolidation?

Altice USA recently saw its shocking takeover bid for Canada’s Cogeco rejected by the latter’s controlling shareholders, the Audet Family.

The unusually-structured deal would have seen U.S. cable player Altice retain Cogeco’s U.S. business, Atlantic Broadband. However, it would sell the company’s Canadian assets to Rogers Communications, which came as a surprise to industry observers in both markets.

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