5.03.16 - FCC clears Altice’s $17.7 billion Cablevision bid
"The Federal Communications Commission ruled Tuesday that Altice N.V.’s $17.7 billion deal for Bethpage-based Cablevision Systems Corp. “serves the public interest.”
"The FCC cited potential “benefits of increased broadband speeds and more affordable options for low income consumers.” The ruling is a key regulatory approval for the deal."