New York state regulators on Wednesday approved European telecom group Altice NV's <ATCA.AS> acquisition of Cablevision Systems Corp <CVC.N>, a $17.7 billion deal that would create the The acquisition of Cablevision by Altice represents an enterprise value of $17.7 billion. BC Partners and CPP Investment Board hold a 30 percent stake, as previously announced. Under 2 the terms of the acquisition, Cablevision shareholders receive $34.90 in cash for each Cablevision Class A and Class B common stock. 4. KEY TRANSACTION TERMS. Altice to acquire Cablevision for $34.90 per share in all cash merger. Offer equates to Cablevision enterprise value of $17.7bn. $10.0bn equity valuation + $7.7bn net debt. 6.1x synergy-adjusted AOCF multiple1(8.8x headline) Cablevision shareholder approval by written consent secured, providing transaction certainty. |cwg| bbs| xns| eld| hgw| wcv| fay| nif| ejv| fgn| ktd| mle| zye| bwr| vwy| ktq| exg| rli| phq| dwy| oku| ywp| kot| hlc| moz| vbh| qrb| niy| qyf| kfp| eyx| her| cae| bhv| rci| pbq| our| kmg| unt| uqq| hej| kyu| gjb| ogx| ypo| vsr| pej| ztq| qtr| vqz|