Altice to acquire CVC 3's interest in Neptune Holding

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10 Dec, 2019

Author Ikrama Majeed Ranjha
Theme Technology, Media & Telecom

Altice USA Inc. entered into an agreement to acquire CVC 3 B.V.'s interest in Neptune Holding US Ltd. Partnership in exchange for 6,290,292 shares of Altice class A common stock.

The exchange transaction is exempt from registration pursuant to a section of the Securities Act of 1933, as amended, the company disclosed in a Dec. 10 SEC filing.