TL;DR CNBC

Altice USA shares spike 36% on report Charter is considering acquisition

Publishing timestamp: 2024-02-26 16:06:51

Summary

Altice USA shares spiked 36% following report Charter is considering buying broadband company. It is unclear if Charter has made approach to Altice USA. The deal would bring significant consolidation at a time when major communications companies struggle to keep broadband and cable subscribers.

Sentiment: NEUTRAL

Tickers: CHTR,  ATUS, 

Keywords: charter communications inc,  television,  business news,  business,  breaking news: business,  breaking news: technology,  altice usa inc,  stock markets, 

Source: https://www.cnbc.com/2024/02/26/altice-usa-shares-spike-on-report-charter-is-considering-acquisition.html