Cable One to acquire a 55% stake in Vyve Broadband from GTCR for $550m.

Cable One, a broadband communications company, agreed to acquire a 55% stake in Vyve Broadband, a broadband services provider, from GTCR, a private equity firm, for $550m. "Our strategic investment in MBI reflects our commitment to provide rural America with reliable high-speed internet service. We continue to value MBI for all the reasons that first drew us to them: their commitment to providing leading broadband services in rural markets, their track record of strong growth and impressive potential for future growth, as well as their exceptional team," Julie Laulis, Cable One President and CEO.