Majority Vote: Cogeco Shareholders Not Yet on Board with Altice USA Offer

摘要

Altice USA surprised Wednesday morning with the announcement of its $7.8bln offer for all outstanding shares of Cogeco in order to acquire Atlantic Broadband, but Cogeco may need more convincing. Ahem, perhaps in the form of a higher bid? The Audet family that controls Cogeco has made it clear it does not, at this time, intend to take Altice's offer.