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Altice to Buy in Suddenlink in Deal Valued at $9.1 Billion | Concurrent Media
The billionaire’s telecom group, Altice SA, said it is buying a controlling stake in U.S. cable company Suddenlink Communications, a first purchase for the group in the U.S., one of the world’s largest cable and telecom markets.Altice said it would acquire 70% of Suddenlink from the company’s owners, private-equity firm BC Partners and CPP Investment