.
MergerLinks Header Logo

New Deal


Announced

Completed

Altice USA completed the acquisition of Morris Broadband for $310m.

Financials

Edit Data
Transaction Value£222m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA23.85x
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Domestic

Friendly

Private

Internet

Majority

internet service provider

United States

Acquisition

Single Bidder

Synopsis

Edit

Altice USA, an American cable television provider with headquarters in New York, completed the acquisition of Morris Broadband, an Internet service provider in Hendersonville, North Carolina, for $310m. “As a company, we take great pride in contributing to the communities where our employees and customers live and work and, as we expand our presence in North Carolina, we will invest in the technology and infrastructure needed to ensure customers have the reliable connectivity services they need to live their lives connected," Dexter Goei, Altice USA CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US