Altice USA, owner of Cablevision and Suddenlink, files for IPO; sources say company hopes to raise $1B+ at a valuation of over $20B (Nick Kostov/Wall Street Journal)


Nick Kostov / Wall Street Journal:

Altice USA, owner of Cablevision and Suddenlink, files for IPO; sources say company hopes to raise $1B+ at a valuation of over $20B  —  Altice NV expected to retain 70% stake in its U.S. arm  —  PARIS—Altice USA filed paperwork to go public Tuesday, in an offering that would raise more than $1 billion …

Source: http://www.techmeme.com

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