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Charter to Buy Optimum West for $1.63 Billion

2013-02-08 07:42:07| Telecom - Topix.net

Charter Communications Inc. agreed to buy Cablevision Systems Corp.'s Optimum West for $1.63 billion in cash, gaining a regional cable provider in the western U.S. The price represents a multiple of 8.9 times Optimum West's third-quarter 2012 annualized earnings before interest, taxes, depreciation and amortization, Charter said yesterday in a ... (more)

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