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New Deal


Announced

Completed

Cable One acquired Fidelity Communications for $526m.

Financials

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Transaction Value£403m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA11.7x
Share Price Premium-
One Off Charge-

Tags

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telecommunication services

Private

United States

Acquisition

Cable Television

Friendly

Completed

Single Bidder

Synopsis

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Cable One, an American Internet and cable service provider, acquired Fidelity Communications, a family-owned cable operator, for $526m in cash. “We are thrilled to welcome Fidelity associates and customers to the Cable ONE family,” said Julie Laulis, President and CEO of Cable ONE. “Fidelity is a fantastic geographical, cultural and business fit. Its operating philosophy and customer-centric focus are similar to our own. That, coupled with future growth opportunities within or near our existing footprint, make this an exciting acquisition.”

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