6.15.16 - NYS approves Cablevision sale to Altice, with conditions

"The state Public Service Commission on Wednesday unanimously approved the $17.7 billion purchase of Cablevision Systems Corp. by Altice N.V., a Netherlands-based cable and telecommunications company."

"The four commissioners, meeting in Albany, adopted the recommendation of commission staff that permission be granted, subject to Altice accepting conditions aimed at ensuring quality service and restricting increased debt levels at Bethpage-based Cablevision."

Read the full Newsday article here