6.21.17 - Cable Operator Altice Delivers Biggest U.S. Telecom IPO in 17 Years
"The IPO of cable company Altice USA raised more money than any other U.S.-listed telecom since 2000, an encouraging sign for the beleaguered sector."
"Altice shares were priced at $30 apiece, according to a person familiar with the offering, raising $1.9 billion in the deal. In a sign of solid demand for the IPO, Altice and its selling stakeholders sold more shares than anticipated."
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