Altice to Buy Cablevision for $17.7 BillionBy and
Agreement at $34.90 a share represents 22 percent premium
French billionaire would accelerate U.S. pay-TV expansion
Altice NV, Patrick Drahi’s European cable operator, reached an agreement to buy Cablevision Systems Corp., according to people with knowledge of the matter, accelerating the company’s expansion in the U.S.
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