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Cogeco, Audet family, reject acquisition bid from Altice USA, Rogers

2020-09-03 08:55:00| Telecompaper Headlines

(Telecompaper) Altice USA made its CAD 10.3 billion takeover offer on 2 September. Under the proposed deal, Altice USA would have bought Atlantic Broadband, the ninth-largest cable company in the US, which Rogers would have acquired Cogeco's Canadian assets.

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Cogeco rejects takeover proposal from Altice USA and Rogers

2020-09-03 01:30:15| Digital TV News

Cogeco (TSX: CGO) and Cogeco Communications (TSX: CCA) have announced that the independent members of their boards have rejected the unsolicited, non-binding takeover proposal from Altice USA and Rogers Communications.

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Altice USA, Rogers agree CAD 10.3 bln takeover bid for Cogeco

2020-09-02 16:01:00| Telecompaper Headlines

(Telecompaper) Altice USA has made a bid to acquire Canadian operator Cogeco, valuing the company at CAD 10.3 billion. The deal would give the company Atlantic Broadband, the ninth-largest cable company in the US, while Cogeco's Canadian assets would be sold to Rogers Communications, which is already a large shareholder in the company. 

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