Canadian Cable Guy Cogeco is showing Altice USA at the door again
The Canadian cable company Cogeco lost broadband and supplier to the United States in 2018 from the French cable and telecom group Altice Europe listed in Amsterdam. Altice USA increased its bid for Cogeco to $ 8.4 billion, but the major shareholder of that company does not want to sell his shares.
The Audet family, which has the full right of Cogeco, previously rejected a price of $ 7.8 million and at that time already said that they would reject it once and for all.
With the name of Cogeco&Altice USA the American cable Atlantic Broadband. This is the fourth largest cable in the United States, with services in the states of Connecticut, Delaware, Florida, Maine, Maryland, New Hampshire, New York, Pennsylvania, South Carolina, Virginia, and West Virginia.